Federal Reserve Bank
Savvy Savers
What are the benefits and risks of saving in an interest-bearing account? Pupils explore concepts like risk-reward relationship and the rule of 72, as well as practice calculating compound interest, developing important personal...
Visa
Home Sweet Home: Purchasing a Place
While the process of buying a home can certainly be overwhelming, give your young adults a leg up for their future by introducing them to the components of a mortgage, as well as exploring the basic concept of credit and how to become...
Houghton Mifflin Harcourt
Simple and Compound Interest
Your learners will get lots of practice calculating simple and compound interest by the end of this lesson. Simple explanations and examples lead learners through the concepts and steps of calculating simple and compound interest...
Curated OER
Buying Cars/Financing Cars Compound Interest
Provide a real world context in which exponential functions are used to determine a eal world phenomena such as compound interest and exponential growth. This lesson should be taught after students have mastered the laws of exponents and...
Curated OER
Investing for the Future
Twelfth graders perform basic calculations for saving and investment strategies. they simulate the investment of $1,000 in the stock market and savings account. they determine which pays the greater dividend.
Curated OER
Exponential Graph Functions
In this exponential functions worksheet, students solve and complete 13 various types of problems. First, they define what is different and what is the same about exponential and linear functions. Then, students write a rule for each...
Curated OER
Compound Interest
In this compound interest instructional activity, students solve 3 problems after reading about compound interest. They determine the cost of the Apollo missions, they calculate inflation and the cost it would be to send man to the moon...
Curated OER
M&M Interesting
Students examine the concepts of trade-offs and opportunity cost to decide between savings accounts with simple interest and those with compound interest. They calculate interest earned on account balances while working in groups and...
Curated OER
Introduction to Earning Interest: What are APR and APY?
Young scholars explore saving and investing money. In this middle school personal finance instructional activity, students define and use investment vocabulary, explore compound interest and its effect of savings, and compute...
Curated OER
Logarithm Word Problems
For this logarithm worksheet, 8th graders solve 10 different word problems related to various logarithms. First, they determine the amount of compounded interest that will be in an account after a number of years. Then, students...
Curated OER
Time Value of Money- Compound Interest
Students study the concept of compound interest as it relates to the time value of money.
Other
Study Finance: Time Value of Money
This resource presents brief explanations of topics related to interest, compound interest, and the time value of money.
Education Development Center
Tune in to Learning: Understanding Interest
Using this interactive lesson, you'll calculate compound interest and compare interest rates. In addition to learning about interest, you will also be learning about taking out a mortgage on a home. Three activities with questions...
Other
Finra Investor Education Foundation: Introduction to Earning Interest 11 & 12
Students will know and be able to use the formula for calculating compound interest and understand the effect of compounding on savings in this lesson.
Texas Instruments
Texas Instruments: Numb3 Rs: Financial Futures
Based off of the hit television show NUMB3RS, this activity shows students how money invested at different interest rates grow differently. The lesson focuses on aspects of interest such as compounding, length of time between...
Illustrative Mathematics
Illustrative Mathematics: F Le a Valuable Quarter
The context of this task is that a quarter was put into a bank account in 1901 and students are asked to calculate its value in 2013 at two different interest rates. Those amounts are compared to the appreciation rate of a rare and...
Illustrative Mathematics
Illustrative Mathematics: F Le Rising Gas Prices Compounding and Inflation
In this task, learners explore exponential models in the context of a real-world problem. Students learn about price inflation for a single commodity and are introduced to the Consumer Price Index for measuring the inflation of a body of...
Illustrative Mathematics
Illustrative Mathematics: F Le Comparing Exponentials
In this task, students work with exponential functions in a real-world context involving continuously compounded interest. They will study how the base of the exponential function impacts its growth rate and use logarithms to solve...
National Council of Teachers of Mathematics
Nctm: Figure This: Play Ball
Make a table to figure out if a baseball valued at $3000 in 1927 is worth more than a baseball valued at $3 million in 1999. Which is a better investment?
National Council of Teachers of Mathematics
The Math Forum: Ask Dr. Math: Compound Interest Rule of 70
This page gives a brief explanation on how to compute compound interest.