Teachers, you can now register your students for TWO NATIONAL COMPETITIONS this spring—our National Personal Finance Challenge (financial stability/mobility) and our National Economics Challenge (micro/macroeconomics).

Grade 6-8, 9-12
,
Video

Compound Interest Video and Quiz

Updated: July 12 2012,
Author: 
Print
Open Video

This video teaches the concept of Compound Interest. When you reinvest past earnings, then in the future you will earn interest not only on the original investment, but also on the past accumulated returns; this is called compound interest. [TRANSCRIPT]

Please use this interest calculator in place of the one mentioned at the end of the video:

http://www.econedlink.org/tool/2/Compound-Interest-Calculator