Mocomi & Anibrain Digital Technologies
Mocomi: Simple Interest and Compound Interest
Explains simple and compound interest with formulas and examples.
Other
Financial Pipeline: Interest Compounding
This page gives a summary of compounding interest and distinguishes it from simple interest.
Texas Instruments
Texas Instruments: Compound Interest: Show Me the Money
This is an activity at the conclusion of the exponential relationship unit where students have experience with equations in the form y=a*b^x. Students use the random integer function on theTI-83 Plus to generate a rate of return for the...
University of Nebraska Omaha
Ec Ed Web: M&m Interesting [Pdf]
This site from the University of Omaha provides a lesson plan indicated for 6-8th grades. "During this lesson, students use the economic concepts of trade-offs and opportunity costs to decide between savings accounts with simple interest...
Council for Economic Education
Econ Ed Link: Timing Is Everything
In the first part of the activity, students examine the incentives and opportunity costs of spending and saving in a teacher directed activity. The remainder of the activity is an interactive website. Students work through problems that...
Cuemath
Cuemath: Simple Interest
A comprehensive guide for learning all about simple interest with definitions, simple interest formula, loans, solved examples, and practice questions.
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...
Other
Brown Math: Loan and Investment Formulas
This site is provided for by the Oak Roads Systems. Compound interest can work either for or against you whether you're taking out a loan or making an investment. Either way, the set of formulas for interest is the same and they are...
Calculator Soup
Calculator Soup: Loan Calculator
Use this loan calculator to determine your monthly payment, interest rate, number of months or principal amount on a loan. Find your ideal payment by changing loan amount, interest rate and term and seeing the effect on payment amount.
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 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...
Council for Economic Education
Econ Ed Link: A Penny Saved
Students will read the comic book, "A Penny Saved" published by the New York Federal Reserve Bank. Students will make the information relevant through projects, graphic organizers, teacher instruction, and problems.
Calculator Soup
Calculator Soup: Rule of 72 Calculator
Use the Rule of 72 to estimate how long it will take to double an investment at a given interest rate. Divide 72 by the interest rate to see how long it will take to double your money on an investment.
University of Nebraska Omaha
University of Omaha: Why We Save [Pdf]
Why do people need to save money? This lesson plan is geared for Kindergarten through 2nd grade and helps young scholars understand the reasons for saving.
Thinkport Education
Maryland Public Television: Sense and Dollars
Engaging, fun tutorials and interactive games related to earning, spending, saving, and budgeting money.
Calculator Soup
Calculator Soup: Investment Account Calculator
Calculate the future value of an investment account that has periodic contributions, withdrawals, and a constant interest rate compounded daily.
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?
Calculator Soup
Calculator Soup: Savings Calculator
Calculates the future value of your savings account. With a starting balance and regular deposits, learn how much can you save.