Interesting Interest

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
Subjects Covered: Math

Curriculum topics:
  • Financial Literacy
  • Compound Interest
  • Savings Accounts
  • Real Life Math
  • Percentages
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Idea Sheets are cross-referenced to subjects listed in the Common Core, Next Generation Science Standards, and California Content Standards.

  • Common Core Mathematics: Expressions And Equations, Ratios And Proportional Relationships, The Number System, Functions, Creating Equations, Reasoning With Equations And Inequalities