A Penny Doubled Every 30 Days or One Million Dollars
https://maththebeautiful.com/penny-doubled/
Activity, Hands-on, Interactive, Publisher, MoneySmart
We explore the concept of a penny doubled or a million dollars with our interactive experience and we discover the importance of compound interest.
28 March 2023 Edit: 30 March 2023
User submitted, thanks to Matthew Lovelady
- Topics:
- Number, Consumer Arithmetic
- Content Type:
- Activity, Hands-on, Interactive, Publisher, MoneySmart
- The Australian Curriculum
- Number and Algebra, Money and financial mathematics, ACMNA229 Year 10 Connect the compound interest formula to repeated applications of simple interest u
- NSW Mathematics K-10 Syllabus
- Number and Algebra, MA5.2-4NA Financial Mathematics
- NSW Curriculum New
- Number and algebra, Financial mathematics, MA5-FIN-C-02 Financial mathematics B
- NSW Mathematics Standard Stage 6 Syllabus
- Financial Mathematics, MS-F2 Investment, MS-F4 Investments and Loans, MS-F4.1 Investments
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