EngageNY
Percent Rate of Change
If mathematicians know the secret to compound interest, why aren't more of them rich? Young mathematicians explore compound interest with exponential functions in the twenty-seventh installment of a 35-part module. They calculate future...
National Research Center for Career and Technical Education
Business Management and Administration: Compound Interest - A Millionaire's Best Friend
Many math concepts are covered through this resource: percentages, decimals, ratios, exponential functions, graphing, rounding, order of operations, estimation, and solving equations. Colorful worksheets and a link to a Google search for...
Curated OER
Buying Cars/Financing Cars Compound Interest
Provide a real world context in which exponential functions are used to determine a eal world phenomena such as compound interest and exponential growth. This instructional activity should be taught after students have mastered the laws...
Curated OER
Interesting Interest Rates
Your young bankers compare earning interest accumulated yearly and monthly to decide which method most increases their balance. Using an exponential function to model the bank balance affords the learners more practice connecting...
West Contra Costa Unified School District
Interest and the Number e
Mary, Mary, quite continuously, how does your money grow? Uses examples to examine the difference between simple interest and compound interest, and to take a look at different rates of compounding. Learners explore what would...
Curated OER
Comparing Exponentials
Growing money exponentially is the context of this scenario that asks learners to compare investments in two certificate of deposit accounts. Your young investment analysts will learn about the exponential characteristics of money...
West Contra Costa Unified School District
Solving Exponential Equations
The power to solve exponential equations lies in the resource. Scholars first learn how to solve exponential equations. An activity matching cards with equations, intermediate steps, and solutions strengthens this skill.
Curated OER
Rising Gas Prices – Compounding and Inflation
Financial literacy skills and exponential models are connected by the compound interest formula in this task centered on inflation calculations. Collaborative learners get experience collecting data from the given websites and exploring...
Curated OER
Carshop!
Students explore the concept of interest. In this interest lesson, students shop for cars and determine the payments and interest rates for various cars. Students use various websites to research cars and interest rates for car loans....
Curated OER
Applications of Exponential Functions
In this algebra worksheet, learners solve word problems involving money. They calculate the interest earned over a period of time given the formula. There are 28 questions.
Curated OER
Thirty Exponential Application Problems
In this exponential worksheet, students solve thirty application problems. These problems cover compound interest, continuously compounded interest, and exponential growth models.
EngageNY
Why Do Banks Pay YOU to Provide Their Services?
How does a bank make money? That is the question at the based of a lesson that explores the methods banks use to calculate interest. Groups compare the linear simple interest pattern with the exponential compound interest pattern.
Curated OER
NUMB3RS Activity: Exponential Growth
Mathematicians investigate exponential growth by exploring two different options for receiving allowance. Students use technology to compare a linear function with a constant rate of growth to a function that grows exponentially...
Curated OER
A Valuable Quarter
Your young bankers model an account balance with an exponential function and solve the equation by extracting a root or taking a logarithm. The task involves the context of annual and compounding interest as well as some interesting...
Curated OER
Logarithmic Functions
Learners explore the characteristics of logarithmic functions and their relationship to exponential functions. Using the subscriber website Explorelearning.com, pupils observe changes in the input variable and its effect on the graph of...
Curated OER
Doubling Your Money
Your young financial geniuses explore the Rule of 70 as they analyze the exponential function that models the doubling time of investments.
National Museum of Nuclear Science & History
Nuclear Popcorn
Make your lesson on radioactive decay pop with this lab exercise. Using popcorn kernels spread over a tabletop, participants pick up all of those that point toward the back of the room, that is, those that represent decayed atoms. As the...
Curated OER
Credit Cards and Compound Interests-Exponential Growth
Eleventh graders investigate the way credit cards work when collecting interest. In this algebra lesson, 11th graders investigate the growth of interest exponentially when using a credit card. They calculate what the cheapest rate is to...
Project Maths
Introduction to e
First there was pi and now there's e. A discovery-based lesson helps learners find a pattern in compound interest as the compounding period changes. Their investigation results in the discovery of the number e. The lesson is the first in...
Curated OER
The King's Chessboard
Middle schoolers speculate on the better rate of pay: a dollar a day for 10 days, or a penny the first day, two pennies the second, doubling each day for 10 days. Start by listening to the story The King's Chessboard, by David Birch....
Curated OER
Home Sales Records
Teach your class how to calculate monthly payments on a home mortgage. In this percent lesson, students calculate the monthly payment on a home mortgage, and compare different lengths of time and the interest rates for national median...
Curated OER
Making Money Work For You
Students differentiate between saving and investing money. In this algebra lesson, students compare different investment options, recognizing the risks and rewards of investing and integrate investing into their financial planning.
Curated OER
A.P. Exam Review
High schoolers engage in a instructional activity that is concerned with the cumulative concepts introduced in a Calculus course. They review exponential growth and how it is used to measure increase in values. Students also apply the...
Curated OER
Filling Empty Pockets: Borrowing, Loans, and Credit
Students examine credit components and how each works within our economy today. In this financial literacy lesson, students explore credit terms and make decisions based on real credit card offers that they find in their on line research.