F-10 Curriculum (V8)
F-10 Curriculum (V9)
Tools and resources
In this lesson students learn how compound interest works. They explore the difference between simple interest and compound interest, apply compund interest to saving scenarios and calculate the outcomes from different deposit plans with compund interest applied. They then go on to consider the impact of compound interest ...
Think credit cards are basically free money? Gen Fricker will make you think again. Learn how interest rates and fees affect the money you borrow, and why they may be more expensive in the long run. Oh dear! Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.
What are interest rates? What determines the interest rates in Australia? And how do interest rates affect the economy? Listen as Dr Ashton de Silva explains.
Compound interest will be one of the most important things you ever learn. Don't believe it? Gen Fricker will explain why. Learn how compound interest works, and why saving now can help you later. Game changer! Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.