This worksheet is designed to replace a lecture on compound interest, and how it may be used to grow a retirement account over a career or saving a portion of one's income.
I start out class with a 15-minute "mini-lesson," giving my students some basic examples of what today's lesson will be about. Once the mini-lesson is over, I have them get to work within their groups on this worksheet.
I use this activity within cooperative groups, and I circulate to make sure they are getting the purpose of the questions.
The file includes spiral review problems.
This worksheet is intended to be written on directly.
Please download the pdf preview file first, so you can see exactly what's included; the product file is a word document, which you may personalize for your students.
Immediately before this worksheet, I use the worksheet named 'Exponential Decay Lab Spring 2014' (http://www.teacherspayteachers.com/Product/Exponential-Decay-Lab-Spring-2014-1273525
), and immediately after this worksheet, I use the worksheet named 'Arithmetic vs Geometric Sequences Spring 2014' (http://www.teacherspayteachers.com/Product/Arithmetic-vs-Geometric-Sequences-Spring-2014-1270857