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If you have any questions about the content or anything you would like to tell us personally, feel free to email any one of your teachers.

Mr Le: 105388769@student.swin.edu.au

Mrs Kerbej: 103335297@student.swin.edu.au

Mr Hurren: 7101791@student.swin.edu.au

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By the end of this lesson, students will be able to:

1. Understand and Apply the Compound Interest Formula

Define and explain compound interest.

Apply the formula A = P(1 + r)^n to solve problems involving compound interest. (ACMNA229, VCMNA294)

2. Compare Simple and Compound Interest

Differentiate between simple and compound interest, analyzing their growth patterns over time.

Recognize the impact of compounding frequency on financial growth. (ACMNA229, VCMNA295)

3. Solve Real-World Financial Problems

Use compound interest calculations in practical scenarios, such as savings accounts, loans, and investments.

4. Develop Financial Literacy and Critical Thinking

Evaluate the long-term effects of compound interest on financial decisions.

Understand the importance of starting early with savings and investments to maximize financial growth. (VCMNA295)

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Hi everyone. Please check out the following short presentation explaining compound interest. Enjoy!

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Consolidate your knowledge with this Compound Interest Worksheet!

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The difference between Simple and Compound Interest

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Try some harder questions on Compound Interest.

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Developing the Compound Interest Formula

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After you've tried the practice questions, flip through these flashcards to help with your understanding

(These would be very useful to go through when the test comes around 👀).

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Struggling with mental health?

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Lifeline Australia - 13 11 14 - Crisis Support. Suicide Prevention.

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Lifeline is a national charity providing all Australians experiencing a personal crisis with access to 24 hour crisis support and suicide prevention services.

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Can't figure out why you feel a certain way?

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This website has been established to provide information about anxiety, depression and suicide to the Australian community. The website is not intended to be a substitute for professional medical advice, diagnosis or treatment. You should seek the advice of an appropriately qualified healthcare professional before making decisions about your own circumstances. You should not disregard professional medical advice, or delay seeking it, because of any information contained on this website.

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Beyond Blue | 24/7 Support for Anxiety, Depression and Suicide Prevention

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Beyond Blue is here to help - whether you're seeking mental health info or qualified support for you or someone else. Find a life beyond the blues today.

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Need someone to talk to about absolutely anything?

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Kids Helpline | Phone & Web Counselling | Ages 5-25

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Feeling out of place as an Aboriginal and Torres Strait Islander?

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We are here to provide crisis support 24/7 to yarn with you without judgement and provide a confidential, culturally safe space to yarn about your needs, worries or concerns. We will work with you to explore options for on-going support. You know you will be connected to another Aboriginal and Torres Strait Islander person who will understand where you are coming from and value knowing HOW to listen, without judgement or shame.

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13YARN - Call 13 92 76 | 24 /7 Crisis support for Aboriginal and Torres Strait Islanders

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Call 13YARN (13 92 76) We are here to provide crisis support 24/7 to yarn with you without judgement and provide a confidential, culturally safe space to yarn about your needs, worries or concerns. We will work with you to explore options for on-going support.

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Impacted by domestic or sexual abuse?

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1800RESPECT would like to acknowledge the Traditional Custodians of this land and pay respect to Elders, both past and present and extend our acknowledgement to all Aboriginal and Torres Strait Islander people. Please be aware that this website may contain the names, images and voices of Aboriginal and Torres Strait Islander people who may now be deceased.