Financial Literacy - Compound Interest Intro

This unit focuses on understanding how compound interest grows money over time, and will teach the following skills:

• Calculate compound interest with varied compounding periods
• Calculate effective annual interest rates
• Evaluate long-term financial plans
• Compare nominal and effective interest rates
• Determine present and future values
• Determine present value of an investment
• Compare investment and borrowing options
• Evaluate long-term financial decisions
• Calculate compound interest