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Real-Life Math fun activity!Compound Interest Formula-Solving all Four Variables
By Daniel
Talk about money, and all children are interested! That is why this practical Real-Life Math exercise is perfect always, as it shows them the real-World connection, but is also fun to do!
The compound interest formula contains four variables. This task, (with complete key), helps students to solve all four - Amount, Principle, Interest Rate and Time Period. To solve for the time period, students will see the need and practical real-life use for exponents and logs.
Solving equations, changing the subject of the formula, literal equations.
Amount, principle, interest rate, simple interest, compound interest, interest compounded yearly, interest compounded monthly, interest compounded daily.
You might also not want to miss out on these resources on Financial Math!
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Real-Life Math fun activity! Comp Interest Formula Solving all Four Variables(2)
By Daniel
Talk about money, and all children are interested! That is why this practical Real-Life Math exercise is perfect always, as it shows them the real-World connection, but is also fun to do!
The compound interest formula contains four variables. This task, (with complete key), helps students to solve all four - Amount, Principle, Interest Rate and Time Period. To solve for the time period, students will see the need and practical real-life use for exponents and logs.
Solving equations, changing the subject of the formula, literal equations.
Amount, principle, interest rate, simple interest, compound interest, interest compounded yearly, interest compounded monthly, interest compounded daily.
You may also not want to miss out on these resources on Financial Math!
If you enjoyed this resource, please leave a REVIEW at your leisure, for other possible buyers to know how you have experienced it. Thank you so much!
Please follow my store here to get notified of all new resources I create
I love to improve my resources, so any constructive feedback from you will be extremely welcome.
Enjoy this resource.