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Applied Business Math and Graphs · Term 2

Compound Interest: Introduction and Calculation

Students will understand compound interest and calculate it for a few periods.

Key Questions

  1. Differentiate between simple interest and compound interest.
  2. Explain why compound interest leads to faster growth of money over time.
  3. Construct a step-by-step calculation of compound interest for two years.

CBSE Learning Outcomes

CBSE: Comparing Quantities - Class 8
Class: Class 8
Subject: Mathematics
Unit: Applied Business Math and Graphs
Period: Term 2

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