Money deposited in a savings account will earn interest and grow. Model the difference between two interest rates. Over time, does a small difference in interest rates really matter?
Grades covered: 6 through 9
Curriculum Topics: Financial Literacy, Compound Interest, Savings Accounts, Real Life Math, Percentages
Standards
Idea Sheets are cross-referenced to subjects listed in the Common Core, Next Generation Science Standards, and California Content Standards.
Categories include:
- Grades 6-8
- Math
Tags: Ratios & Proportions, Expressions & Equations, Number System, Functions
Subjects covered: ["Math"]