Assessment

Compound Interest and Depreciation

Curated and Reviewed by Lesson Planet
This Compound Interest and Depreciation assessment also includes:

Discover how to find the value of an interest-bearing account. Individuals watch a video to learn how to use exponential functions to model compound interest. After the video, they complete a worksheet of problems on compound interest.

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Additional Tags
Instructional Ideas
  • Use the document as a formative assessment instrument
Classroom Considerations
  • Learners need to understand the phrase per annum
  • Pupils should be aware of the pound currency symbol
Pros
  • Includes an answer key and point distribution guide
Cons
  • Modifications are necessary before use in US classrooms