Predicting Your Financial Future
Predicting Your Financial Future
Grade Levels
Course, Subject
Description
Students often ask, “When are we ever going to use this?” Compound interest is a topic that provides an inherent answer to this question. In this activity, students use their knowledge of exponents to compute an investment’s worth using a formula and a compound interest simulator. Students also use the simulator to analyze credit card payments and debt.
Web-based Resource
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Predicting Your Financial Future
Content Provider
Illuminations is a project designed by the National Council of Teachers of Mathematics (NCTM) and supported by the Verizon Foundation. Illuminations works to serve you by increasing access to quality standards-based resources for teaching and learning mathematics, including interactive tools for students and instructional support for teachers.