Saving Success With Compound Interest Over Time 🎃

In this lesson, students will participate in a simulation and use an online interest calculator to learn about the power of compound interest, particularly over long periods of time. Students will be able to:

• Define principal, simple interest, and compound interest.
• Compare the effect of simple interest and compound interest on a savings deposit.
   

NATIONAL STANDARDS FOR PERSONAL FINANCE EDUCATION

• Saving

MATERIALS

Saving Success With Compound Interest Over Time
 

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