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Bell Ringer What is the Compound Interest formula?

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Presentation on theme: "Bell Ringer What is the Compound Interest formula?"— Presentation transcript:

1 Bell Ringer 2-9-18 What is the Compound Interest formula?
What does P stand for? What does n stand for? What is r? What is t?

2 Compound interest (exponential growth)
Friday, February 9, 2018

3 Compound interest formula

4 So what is compound interest used for?
Compound Interest Explained

5 Good Compound interest

6 bad Compound interest

7 How to Cut Credit Card Interest
Avoid Perma Debt How to Cut Credit Card Interest

8 examples

9 Work Compound Interest Classwork: 1-10 Homework: 11-18

10 What is better, a higher interest percentage or compound more often?
Exit ticket What is better, a higher interest percentage or compound more often?


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