Grades K-2, 3-5, 6-8, 9-12
Promoting Social Action through Economics Curriculum
Prepares teachers for a lesson on what compound interest is, how it is calculated, and appreciate the impact it makes on loans and investments. To begin the lesson work through simple interest leading to compound interest problems. Participants will find the balance over time using compound interest as well as determine how much interest will be paid over a period of time.