Math Is Fun
Math Is Fun: Compound Interest
Explains, with examples, what compound interest is and how to calculate it using a formula. Also shows how to work backwards to calculate the present value of an investment, how compound interest is calculated for different compounding...
Math Is Fun
Math Is Fun: Compound Interest: Periodic Compounding
Looks at compound interest and at the special circumstances of periodic compounding where interest may be calculated annually or semi-annually, for example, and how that affects the interest rate. Presents examples of different...
Math Is Fun
Math Is Fun: Compound Interest Calculator
A calculator based on the compound interest formula that can be used to determine the Present Value, the Future Value, the Interest Rate, or the Number of Periods. You can select the type of compounding, the effective annual rate, and...
Math Is Fun
Math Is Fun: Compound Interest Formula Derivations
Looks at how the formula for calculating the effect of compound interest is derived and how it is used to create formulas for finding the Future Value, the Present Value, the Interest Rate, and the Number of Periods. Includes lots of...
Cool Math
Coolmath: Compound Interest 2
This Algebra Cruncher generates an endless number of practice problems for money and compound interest with solutions! Find how long it will take for a given amount of money to grow to a final amount.
Cool Math
Coolmath: Continuous Compound Interest 2
This Algebra Cruncher generates an endless number of practice problems for money and continuous compound interest with solutions! Find how long it will take for a given amount of money to grow to a final amount.
Cool Math
Coolmath: Compound Interest 1 Practice
This Algebra Cruncher generates an endless number of practice problems for money and compound interest with solutions! Find the final amount when a given amount of money is invested.
Other
Finra Investor Education Foundation: Introduction to Earning Interest 11 & 12
Students will know and be able to use the formula for calculating compound interest and understand the effect of compounding on savings in this lesson plan.
Cool Math
Coolmath: Continuous Compound Interest 1 Practice
This Algebra Cruncher generates an endless number of practice problems for money and continuous compound interest with solutions. Find the final amount when a given amount of money is invested.
Other
Study Finance: Time Value of Money
This resource presents brief explanations of topics related to interest, compound interest, and the time value of money.
Math Is Fun
Math Is Fun: Interest (An Introduction)
What is interest? What is the difference between simple interest and compound interest? Find the answers to these questions, learn how to calculate interest for a loan, and see how interest can help your money grow. Includes ten practice...
Other
Treasury Direct: Money Math: Secret of Becoming a Millionaire [Pdf]
This lesson focuses on understanding fractions, decimals and percentages as the math skills, and saving money and compounding interest as the economic skills. [PDF]
PBS
Pbs: How Your Money Grows
Investigate how your money can grow on its own through compound interest.
Discovery Education
Discovery Education: Web Math: Math for Everyone
Provides online programs and explanations on everyday math: calculating a tip at a restaurant, determining the sale price of an item, finding the odds of winning a lottery, computing simple and compound interest, and more.
Cuemath
Cuemath: Simple Interest
A comprehensive guide for learning all about simple interest with definitions, simple interest formula, loans, solved examples, and practice questions.
Illustrative Mathematics
Illustrative Mathematics: F Bf Compounding With a 5% Interest Rate
In the problem presented here, money is invested in an account and its owner understands that interest compounded semi-annually gives a better return than interest compounded annually. He wonders how much interest can be earned by...
Illustrative Mathematics
Illustrative Mathematics: F Bf Compounding With a 100% Interest Rate
In the problem presented here, a man understands that money invested in an account where the interest is compounded semi-annually gives a better return than if it was compounded annually. He wonders how much interest can be earned by...
Thinkport Education
Maryland Public Television: Sense and Dollars
Engaging, fun tutorials and interactive games related to earning, spending, saving, and budgeting money.
Texas Instruments
Texas Instruments: Compound Interest: Show Me the Money
This is an activity at the conclusion of the exponential relationship unit where students have experience with equations in the form y=a*b^x. Students use the random integer function on theTI-83 Plus to generate a rate of return for the...
University of Toronto (Canada)
Answers and Explanations Simple and Compound Interest
If a bank account produces "simple interest", the interest is paid directly and does not become part of the account's interest-bearing balance. That balance remains constant, and it's easy to figure out how much money you earn. This site...
Texas Instruments
Texas Instruments: Math Today for Ti Navigator System College Costs Surge
During this activity, students will explore the expected cost of college and also look at methods of saving money for the future. Comparing simple and compound interest will help students make decisions about their future. Students will...
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Saving and Investing
Explains the Rule of 72 with examples of compound interest and its power to help grow students' money.
ClassFlow
Class Flow: Checking and Savings Accounts
[Free Registration/Login Required] Practical Mathematics begins with the basic checking and savings account and how to reconcile a checking account statement. Simple and compound interest are demonstrated in this step by step flipchart.
University of Nebraska Omaha
University of Omaha: Why We Save [Pdf]
Why do people need to save money? This lesson plan is geared for Kindergarten through 2nd grade and helps students understand the reasons for saving.