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It relates because there is a pattern on the ribbon is sort of simple, so that is simple interest. Also since it is all messed up, it is compound interest since it is hard to find, like how it would be hard to find the end of the ribbon. 

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It relates because there is a pattern on the ribbon is sort of simple, so that is simple interest. Also since it is all messed up, it is compound interest since it is hard to find, like how it would be hard to find the end of the ribbon. 

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maybe like the 4 quadrant graph, like with 4 rhombus.

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compound interest~is calculated interest

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It applies to what we've been learning because interest repeats each year and the picture is the same and repeats the pattern

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Compound interest is calculated on the principal amount and also on the accumulated interest of previous periods, and can thus be regarded as “interest oninterest.” There can be a big difference in the amount of interest payable on a loan ifinterest is calculated on a compound rather than simple basis.

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Simple : It's the interest charge on a loan.  Compound : Compound interest is based on the principal amount and the interest in every period. 

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Simple : It's the interest charge on a loan.  Compound : Compound interest is based on the principal amount and the interest in every period. 

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It's compound because the pattern is getting longer and the colors are repetitive.

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simple is one amount
compound is always multiplying the previous amount by 1.00 + x

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endless and beautiful, like earning interest forever.

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Simple interest is when you get interest of the original amount. While compound interest is where you get interest based off of  the interest you already got.

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Simple interest is when you get interest of the original amount. While compound interest is where you get interest based off of  the interest you already got.

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Simple is earning the same amount forever. Compound is earning interest and then earning interest on that interest.

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Simple interest is calculated on the principal, or original, amount of a loan. Compound interest is calculated on the principal amount and also on the accumulated interest of previous periods, and can thus be regarded as “interest on interest.”

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Simple interest is calculated on the principal, or original, amount of a loan. Compound interest is calculated on the principal amount and also on the accumulated interest of previous periods, and can thus be regarded as “interest on interest.”

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The colors repeating mean that the interest is repeating and adding on more.

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compound is better in the long run and simple is better in the short run

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simple is better in the short run like for only a couple months. Compound is better almost always, especially in the long run.

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compound interest is calculated on the principal amount 

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compound interest is calculated on the principal amount 

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It is repeating like interest. Each year is a new rhombus

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It is repeating like interest. Each year is a new rhombus

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Compound- Is always getting multiple by itself(so original number  time x and then to the x power).
Simple-

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Compound is good for a long time and simple is good for a short amount of time.

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Like the interst rate goes up pattern like. And also when we did that paper cut out thing. Dr.Katie gave a diamond as an example.  

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Like the interst rate goes up pattern like. And also when we did that paper cut out thing. Dr.Katie gave a diamond as an example.  

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Compound rises but simple stays the same?

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simple is the charge of a loan and compound interest is "interest on interest" which is interest from previous periods that have not yet been paid.