Compound Interest Week 4: Compound Interest MA120: Personal Finance Instructor: Rebecca Lombardo Week of April 20, 2015 Review of Simple Interest: I = p r t 1.) Luther puts…
Compound Interest Do Now I = p r t 1.) Luther puts $300 in a savings account paying 0.53% interest. How long will it take to earn $50 in interest? 2.) Tanesha is looking…