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Algebra Common Core CCRA.L.1 resources for Microsoft Word
Savings Account Compound Interest Activity
Students will research and compare basic savings, high yield savings, and money market savings account interest rates from different banks. Using the compound interest formula, students will calculate the total amount of money they would have in a savings account with a given amount of savings and time period. They will also evaluate and choose the appropriate type of savings account for different savings goals. The activity aims to teach students the importance of financial planning and decisio
Grades:
9th - 12th, Higher Education, Adult Education
Types:
NGSS:
HS-ESS3-2
, HS-ESS3-1
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