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The Hundred Penny Box Lesson PlanThe Hundred Penny Box Lesson Plan
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Lesson Plan

The Hundred Penny Box

Curated and Reviewed by Lesson Planet

Students analyze the advantages of regular saving and how savings grow with compounding. After reading the story "The Hundred Penny Box", students define the terms "interest," "interest rate," and "compounding." Through several activities, the students learn how money is compounded through investment.

10 Views 23 Downloads
Concepts

saving money, budgeting, interest rates

Additional Tags

compounding, interest rate, saving money, math
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Resource Details

Grade
5th - 7th
Subjects
Math
4 more...
Resource Type
Lesson Plans
Audience
For Teacher Use
Duration
1 day
Instructional Strategy
Skills Practice

View 32,810 other resources for 5th - 7th Grade Social Studies & History

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