docx, 18.43 KB
docx, 18.43 KB
xls, 1007.5 KB
xls, 1007.5 KB
Student assessment. Compound interest. This is an investigation based on two individuals putting the same amount of money in two different accounts, one with simple interest of 100% and one with compound interest of 1%. The question is posed as to which is better, and then explores a little deeper. This could be used to start off percentages, or as a review at the end of a topic.
Creative Commons "Sharealike"

Reviews

4.5

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rsingram

10 years ago
5

I really like this - thanks. The context adds challenge which a straight forward "calculate this..."question does not for the more able.

paulcollins

12 years ago
4

A nice investigation on simple/compound interest. I like the context in which the investigation is put. Interactive Web tool is useful too. Thank You.

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