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The Hundred Penny Box

Students analyze the advantages of regular saving and how savings grow with compounding. After reading the story "The Hundred Penny Box", students define the terms "interest," "interest rate," and "compounding." Through several activities, the students learn how money is compounded through investment.

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Resource Details

Grade
5th - 7th
Subjects
Economics & Business
3 more...
Resource Type
Lesson Plans
Duration
1 day
Instructional Strategy
Skills Practice