Description
Printable PDF contains lesson note, worksheets and answer keys about calculating investments using compound interest formula with a variety of compounding periods.
Level of Difficulty: Beginner (Easy)
Grades: 9th to 12th
Outcomes: Students
- Calculate savings and investments using compound interest formula with a variety of compounding periods. (interest compounded annually, half-yearly, quarterly, etc)
- Recognise that the interest rate and time period on an investment must be expressed based on the compounding period.
Prior Knowledge:
Students should have already studied decimals and percentages.
Also suitable for Australian Curriculum
Solve problems involving simple interest (ACMNA211)
Connect the compound interest formula to repeated applications of simple interest using appropriate digital technologies (ACMNA229)
apply percentage increase or decrease in various contexts; for example, determining the impact of inflation on costs and wages over time, calculating percentage mark-ups and discounts, calculating GST, calculating profit or loss in absolute and percentage terms, and calculating simple and compound interest (ACMGM006)
This resource is also available in Google slides.
My other products:
Financial Literacy-Financial Math-Investments Using Compound Interest
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Description
Printable PDF contains lesson note, worksheets and answer keys about calculating investments using compound interest formula with a variety of compounding periods.
Level of Difficulty: Beginner (Easy)
Grades: 9th to 12th
Outcomes: Students
- Calculate savings and investments using compound interest formula with a variety of compounding periods. (interest compounded annually, half-yearly, quarterly, etc)
- Recognise that the interest rate and time period on an investment must be expressed based on the compounding period.
Prior Knowledge:
Students should have already studied decimals and percentages.
Also suitable for Australian Curriculum
Solve problems involving simple interest (ACMNA211)
Connect the compound interest formula to repeated applications of simple interest using appropriate digital technologies (ACMNA229)
apply percentage increase or decrease in various contexts; for example, determining the impact of inflation on costs and wages over time, calculating percentage mark-ups and discounts, calculating GST, calculating profit or loss in absolute and percentage terms, and calculating simple and compound interest (ACMGM006)
This resource is also available in Google slides.
My other products:
