Compound Interest (Chapter 8)
Lesson 2: Compound Interest (8.1)
Video 1: Compound Interest Explained
Graph of Compound Interest: $1000 at 10% per year over 20 years
The graph of total interest earned on compound interest is a "J-curve" (exponential growth)
The graph of total interest earned on compound interest is a "J-curve" (exponential growth)
Video 2: Simple Interest vs. Compound Interest
Video 3: Compound Interest Formula
Interest Earned = Total Amount – Principal
Interest Earned = Total Amount – Principal
Worksheet 6-2
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SmartBoard Notes:
ws6-2_classnotes.pdf | |
File Size: | 329 kb |
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Assigned Work:
1. Worksheet 6-2
2. Do exercises on p. 428 - #4 to 7, #8 (b), #9
1. Worksheet 6-2
2. Do exercises on p. 428 - #4 to 7, #8 (b), #9