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Financial Pipeline: Interest Compounding

Curated by ACT

This page gives a summary of compounding interest and distinguishes it from simple interest.

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Concepts
banking, compound interest, finance, interest, simple interest
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Additional Tags
compounding interest, investment, rate of return, financial pipeline: interest compounding, bank, compound interest as a series of multiplications, interest compounding, principal amount, rates of return
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional