Compound Interest and Your Financial Life Cycle

FiCycle Lesson: Compound Interest and Your Financial Life Cycle

This lesson introduces students to compound interest and situates it within the framework of the financial life cycle. This allows students understand why we borrow money for certain financial goals, such as college education, and invest it for others, such as retirement. Students can apply exponents in rich modelling activities, rather simply plugging in numbers into the compounding formula.

The materials include a detailed lesson plan and slides, a complete set of worksheet and answer keys, along with a project-based final assessment which combines mathematical skill with financial reasoning. This provides a fresh approach to teaching both compound interest and exponents, one that allows students to critically analyze decisions regarding borrowing and investment and find an authentic application of mathematics.

DOWNLOAD THE COMPOUND INTEREST AND YOUR FINANCIAL CYCLE LESSON

To receive the free Compound Interest and Your Financial Cycle lesson, please fill out the form below.

Name(Required)

First Last

Your School or Organization(Required)

Your Position(Required)

Estimated number of students who will use these materials

Address

City State

Any other questions or requests you have for FiCycle

Email(Required)

Phone

This field is for validation purposes and should be left unchanged.

DOWNLOAD THE COMPOUND INTEREST AND YOUR FINANCIAL CYCLE LESSON

Menu

Newsletter