Council for Economic Education
Econ Ed Link: Climbing the Savings Mountain
Students discover how saving money can be compared to a mountain climb. The climb can be fast or slow, safe or hazardous, scenic or thrilling. You will find out that there is more than one way to get to the top!
CK-12 Foundation
Ck 12: Analysis: Simple and Compound Interest
[Free Registration/Login may be required to access all resource tools.] This lesson provides a summary review of simple interest and exploration of continuously compounding interest. Students examine guided notes, review guided practice,...
Alabama Learning Exchange
Alex: An Interest Ing Math Lesson
Eventually, everyone will need to borrow money for one reason or another. A good understanding of how interest works will go a long way when applying for a loan. In this lesson, students will complete a KWL chart about the purchase of a...
Council for Economic Education
Econ Ed Link: The Credit Card Mystery
Credit Cards are a risky business these days, especially for students and those holding multiple cards. Interest rates on credit card balances have always been high relative to other rates, for several reasons. Despite this, there is...
Consumer Financial Protection Bureau
Consumer Financial Protection Bureau: Managing Credit Card Payments
Students use a simple formula to calculate the true cost of items bought with a credit card.
Scholastic
Scholastic: Adventures in Math: Lesson 3: Smart Saving
In this lesson, students will define and identify the differences between saving and investing, evaluate the risks associated with investments, and explore the costs of using credit cards to make purchases.
Alabama Learning Exchange
Alex: Credit Cards Are "Interest"ing
Students will create a credit card, focusing on appealing terms and slogan. They will use their credit card to go on a shopping spree. The students will receive a "BILL" to discover/discuss the effects/application of simple interest....
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Katrina's Classroom: Lesson 3: A Fresh Start
This lesson examines the benefits and importance of access to credit. Using hands-on learning strategies and internet resources, students will calculate simple interest, learn about different types of credit, evaluate a credit card...
Khan Academy
Khan Academy: What Is an Apr by Better Money Habits
You may have seen the term APR, or annual percentage rate, used in reference to everything from mortgages and auto loans to credit cards. In this piece, we look at credit card APRs which you've probably seen listed on your monthly...
PBS
Pbs: The Lowdown: The Math of Credit Cards
Explore how credit cards work in this video from KQED. In particular, you'll discover the impact and high cost of outstanding balances when borrowing money using credit cards. In the accompanying classroom activity, students discuss the...
PBS
Pbs: How Your Money Grows
Investigate how your money can grow on its own through compound interest.
Federal Trade Commission
Federal Trade Commission: Consumer: Using Credit
When you use credit, it usually means using a credit card or getting a loan. Tips for learning how to get credit and how to use it wisely.
Wolfram Research
Wolfram Math World: Compound Interest
This MathWorld site gives formulas involved in computing compound interest variables are fairly well defined at this site. If you scroll to the bottom of the page you will find a formula to find the time involved for the principle to...
National Council of Teachers of Mathematics
The Math Forum: Ask Dr. Math: Interest: Definitions
This site gives an explanation of compound interest and explains how to use it.
Wolfram Research
Wolfram Math World: Simple Interest
This math site explains and defines the concept of "simple interest" and gives a formula for finding this value in terms of time and rate.
Other
Car Ads: Low Interest Loans & Other Offers
This page, provided by a law firm, gives Federal Trade Commission warnings on advertised low-interest rates and questions to consider before signing for a low-interest rate.
Other
Truth in Lending Act Regulation Z
Site explains Regulation Z , "Truth in Lending" which is the "law requiring disclosure of terms" on a loan given to a business or consumer. Provides specific format of loan information to be disclosed.
Other
South Western Learning: Econ News: Interest Rates in Japan a Zero
Learn about the history of Japan's economy in this brief article.
Daily Teaching Tools
Daily Teaching Tools: Strategies to Increase Participation, Interest, Motivation
This Daily Teaching Tools resource provides information about teaching strategies: The Inductive Strategy, The Concept Attainment Strategy, The Deductive Strategy, The Cooperative Unit Teaching Strategy, The Mind Mapping Strategy. and...
Sophia Learning
Sophia: Interest Based Negotiation: Lesson 1
At the end of this tutorial, the learner will understand that bargaining from interests rather than positions can lead to more satisfactory and quicker outcomes than positional bargaining. It is 1 of 3 in the series titled...
Sophia Learning
Sophia: Positions Often Conflict, Interests Rarely Do: Lesson 1
At the end of this tutorial, the learner will understand that parties in conflict can often have their interests met by moving away from positions. It is 1 of 3 in the series titled "Positions often conflict, Interests rarely do."
Sophia Learning
Sophia: Understanding the Distinction Between Positions and Interests: Lesson 1
At the end of this tutorial the learner will understand the differences between positions and interests. It is 1 of 3 in the series titled "Understanding the distinction between positions and interests."
ClassFlow
Class Flow: Checking and Savings Accounts
[Free Registration/Login Required] Practical Mathematics begins with the basic checking and savings account and how to reconcile a checking account statement. Simple and compound interest are demonstrated in this step by step flipchart.
Discovery Education
Discovery Education: Money: Kids and Cash
This site provides a lesson about the dynamics of saving and borrowing with banks.