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Page 1: Let's see how interest works.ms.pleasantvilleschools.com/ourpages/auto/2016/1/26... · 2016-02-01 · say that the banks pay simple interest but invest money at compound interest

Discussion:

TEACHER NOTES

Page 2: Let's see how interest works.ms.pleasantvilleschools.com/ourpages/auto/2016/1/26... · 2016-02-01 · say that the banks pay simple interest but invest money at compound interest

Let's see how interest works.

Page 3: Let's see how interest works.ms.pleasantvilleschools.com/ourpages/auto/2016/1/26... · 2016-02-01 · say that the banks pay simple interest but invest money at compound interest

Compound Interest

Let's see what would happen for five years:

Page 4: Let's see how interest works.ms.pleasantvilleschools.com/ourpages/auto/2016/1/26... · 2016-02-01 · say that the banks pay simple interest but invest money at compound interest

Formula for Compound Interest

TEACHER NOTES

Page 5: Let's see how interest works.ms.pleasantvilleschools.com/ourpages/auto/2016/1/26... · 2016-02-01 · say that the banks pay simple interest but invest money at compound interest

TEACHER NOTES

groups

TEACHER NOTES

Page 6: Let's see how interest works.ms.pleasantvilleschools.com/ourpages/auto/2016/1/26... · 2016-02-01 · say that the banks pay simple interest but invest money at compound interest

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