Introduction To Earning Interest

Does your bank pay you for allowing them to hold your money? Class members research three different ways they can earn money using money already in the bank. Topics include certificates of deposit, statement savings accounts, and money...

Middle schoolers need to learn how to make their money work for them. From engaging in the activity presented here, they will gain an understanding of investment vocabulary, how compound interest works, and will compute simple and...

Beyond reading and arithmetic, one of the most important skills for graduating seniors to have is fiscal literacy and responsibility. Start them on the right financial track with nine lessons that focus on a variety of important personal...

Cha-ching! You just hit the jackpot with this interactive consumer math unit. Supported by a series of online lessons and activities, these lessons engage students in applying their math skills to real-life personal finance problems...

By making the following changes to the roads, we can prevent several accidents. A multiple-day lesson prompts pupils to investigate accidents in a small town. Pairs develop a proposal on what to do to help reduce the number of accidents....

Students explore money. For this money lesson, students gain knowledge on how to save, invest, and spend money. Students participate in an activity where they must decide how to use their money. Students then compare the different ways...

Students examine the concepts of trade-offs and opportunity cost to decide between savings accounts with simple interest and those with compound interest. They calculate interest earned on account balances while working in groups and...

Young mathematicians put their skills to the test in the real world during this four-lesson consumer math unit. Whether they are learning how compound interest can make them millionaires, calculating the cost of remodeling their bedroom,...

How did polygons get their name? A brief video in the Socratica Geometry series explains the naming convention for polygons. Of course, this occurs after defining the term polygon.

Need to buy a car? I=PRT is what it takes to get there! Scholars investigate the concept of simple interest when borrowing from a bank. They analyze and compute Principal (P), Time (T), and Rate (R), to understand the extra money people...