Other
Finra Investor Education Foundation: Introduction to Earning Interest 11 & 12
Young scholars will know and be able to use the formula for calculating compound interest and understand the effect of compounding on savings in this lesson.
Other
Finra Investor Education Foundation: Introduction to Earning Interest
In this lesson, students will learn about the concept of compound interest and understand its effect on savings. They will also learn how to compute simple and compound interest.
The Balance
The Balance: What Is a Demand Deposit?
Demand deposits are the kinds of bank accounts that most people are familiar with. This article explains what they are and how they differ from other types of accounts such as money market accounts or certificates of deposit.
Other
Economic Awareness Council: Saving and Investing [Pdf]
Learn the advantages to saving money, some different types of savings plans, and some ways even people with small amounts of money can invest money to fund long-term goals.