This 9 minute video will show students how to calculate interest and then shows them the difference when interest is calculated using simple v. compounded. This video will also discuss interest as "the cost of money" and demonstrates in examples how much a person borrows v. pays back when the interest rate is low v. high. This video will enforce the standards EPF. 13 and 18
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- Subject:
- Economics
- Social Studies
- Material Type:
- Lecture
- Provider:
- Khan Academy
- Date Added:
- 11/17/2020