Demystifying - Simple versus compound interest

Author note — to cover

Cover the two interest schemes side by side: same principal and rate tabulated year by year, which pays more, why the gap widens, and exam questions asking for the difference after n years. Calculation methods are assumed from simple-interest and repeated-change; the compound formula and its decay twin live in Growth and decay. Both tiers. (R9, R16)

Introduction

—coming soon—

Practice and continue