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
- Financial Literacy
- Compound Interest
- Savings Accounts
- Real Life Math
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