Grade 6-8, 9-12
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Compound Interest

Updated: March 4 2020,
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Standards

Concepts

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Students learn what compound interest is, how it is calculated, and appreciate the impact it makes on loans and investments. To begin the lesson students work through simple interest leading to compound interest problems. The students find the balance over time using compound interest as well as determine how much interest will be paid over a period of time.

Subjects:
Economics