The Power of Compounding
Sixth graders examine the concept of compounding interest on invested money. They explore how much interest their money would earn through compounded interest. Students conclude that they should invest early and often.
6th Math 3 Views 20 Downloads
Introduction to Earning Interest: Middle School
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...
6th - 8th Math CCSS: Adaptable
What is the Formula for Compound Interest?
View this tutorial for more than just a description of the formula for compound interest! An instructor goes through a problem, showing how to find simple interest and compound interest. After she completes each version, she explains the...
9 mins 6th - 12th Math
Business Management and Administration: Compound Interest - A Millionaire's Best Friend
Many math concepts are covered through this resource: percentages, decimals, ratios, exponential functions, graphing, rounding, order of operations, estimation, and solving equations. Colorful worksheets and a link to a Google search for...
6th - 12th Math CCSS: Designed