Lesson plan on simple interest and compound interest
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Students will learn how simple and compounded interest is applied and why it is important to maintain a savings account. In order to identify the benefits of savings in interest-bearing savings accounts, students must compute compound interest. They will learn the "rule of 72", which states that your savings will double in a specified number. Students will have to learn that when they are 20 years old, they will learn how to become a millionaire by investing in high-yielding investment strategies.
thnxx
Students will learn how simple and compounded interest is applied and why it is important to maintain a savings account. In order to identify the benefits of savings in interest-bearing savings accounts, students must compute compound interest. They will learn the "rule of 72", which states that your savings will double in a specified number. Students will have to learn that when they are 20 years old, they will learn how to become a millionaire by investing in high-yielding investment strategies.
thnxx
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