106 Finances Graphic Organizer by Alana Baird

Simple Interest

bairdam — 2017-11-13 15:18:51 UTC

Lump Sum Compound Interest

bairdam — 2017-11-13 15:19:14 UTC

Present Value Lump Sum

bairdam — 2017-11-13 15:19:33 UTC

Regular Periodic Payment

bairdam — 2017-11-13 15:20:01 UTC

Compound Interest

bairdam — 2017-11-13 15:41:38 UTC

Present Value

bairdam — 2017-11-13 15:42:26 UTC

Regular Payment Needed

bairdam — 2017-11-13 15:43:56 UTC

Regular Periodic Payment

bairdam — 2017-11-13 15:44:18 UTC

Regular Payment Needed

bairdam — 2017-11-13 15:44:58 UTC

I=PRT

2017-11-13 16:09:49 UTC

I=Interest
P=Principle
R=Interest (%)
T=Time (years)
-Lindsay Vaughn

simple interest

2017-11-13 16:10:45 UTC

the amount earned from saving money over time
-McKenna Puckett

Compound Interest

2017-11-13 16:10:47 UTC

Earning interest on interest -Zyanna H

Simple Interest

2017-11-13 16:11:05 UTC

The amount earned from saving money over time. The interest gained never includes past earned interest unlike compound interest.
Molly Thomas

PV lump sum key words

2017-11-13 16:11:07 UTC

deposit made once; make a payment today/now
(sophie smith)

Lump Sum

2017-11-13 16:11:10 UTC

Earning interest on interest. Adds interest onto investment

kevin suh

Jules Wrenn

2017-11-13 16:11:30 UTC

"compounded ___________"
n= the number of times during the year the interest is being calculated.

Lauren Henley - Lump Sum

2017-11-13 16:11:33 UTC

Compounded: Bank says you've earned interest therefore you're going to add that interest back in for your principle

Justin Cushman

2017-11-13 16:11:34 UTC

Values of N
Annually= 1
Quarterly= 4
Monthly = 12
Weekly= 52
Daily= 365

Simple interest

2017-11-13 16:12:19 UTC

used to calculate amount owed when borrowing money (loans)
-Kelsey Walker

Sydney Buro

2017-11-13 16:12:45 UTC

yearly
monthly
weekly
daily
etc.

A= Total amount P+I

2017-11-13 16:12:56 UTC

P= Principle (lump sum deposited/borrowed)
r= interest rate (per year)
n= number of compounds per year
t= time in years

Lump Sum Compound Interest

2017-11-13 16:13:08 UTC

yearly. annually, compounded, big lump sum deposit

june suh

Lauren Henley - Simple Interest

2017-11-13 16:13:21 UTC

How much interest you build in a year based on your initial input and interest percentage

Compound Interest Calculator App

2017-11-13 16:13:22 UTC

PV=P
PMT=R
FV= A
Rate=R%
Periods=N*T
(Emily Seals)

Kenzie Longanecker

2017-11-13 16:13:29 UTC

A = I + P
A= total amount (after T years)
I= intrest
P= principle

Lump Sum Compound Interest

2017-11-13 16:13:37 UTC

A plan where you gain interest on the principle and previously earned interest. Unlike Simple where you only gain based on the principle.
Molly Thomas

Laura Sales- present value lump sum

2017-11-13 16:13:45 UTC

How much do we need to deposit now to achieve some amounts later?
Given the future value (A) and asked about the present value (P)

Simple interest

bealscm — 2017-11-13 16:13:48 UTC

keywords:
- "find amount earned"
- "calculate amount owed"
- "Simple interest" explicitly stated in question

Jules Wrenn

2017-11-13 16:13:49 UTC

You cannot use the app for simple interest.

Present Value

2017-11-13 16:15:08 UTC

Finding the value needed to deposit today to save up for the amount (A) in a certain amount of time.
Molly Thomas

Lump Sum Compound Interest Keywords

2017-11-13 16:15:10 UTC

Annually, weekly, daily, etc.

Haley Edwards

A= I + P

bealscm — 2017-11-13 16:16:41 UTC

A =total amount (after T years)
I = interest
P = principle

The amount you need to deposit now to reach a goal later.

2017-11-13 16:17:05 UTC

-Zyanna H

Simple Interest

2017-11-13 17:12:13 UTC

will say "simple interest" -Brooke Essick

Time Problems

bairdam — 2017-11-14 00:42:56 UTC

regular payment needed questions asked

2017-11-14 16:08:11 UTC

How much should be deposited? Sydney stapleton

Trish arpas

2017-11-14 16:08:14 UTC

“At the end of the month”

Lauren Henley- Regular Periodic Payment

2017-11-14 16:08:29 UTC

Keywords: “each” -at the end of each month (etc)

Present Value Lump Sum

2017-11-14 16:08:36 UTC

-deposit made once
-payment into account happens “now” or “today”
Kelsey Walker

Regular Payment Needed

2017-11-14 16:08:37 UTC

Finding how much needs to be deposited periodically to save a total (A) in t years.
Molly Thomas

Regular periodic payment

2017-11-14 16:08:40 UTC

Keywords: at the end of each ____
-McKenna Puckett

Present value lump sum

2017-11-14 16:09:24 UTC

When trying to figure out the present value lump sum you can ask yourself "I know I have to invest-

Regular p

2017-11-14 16:10:10 UTC

Amount you need to deposit every month

Periodic Payments

2017-11-14 16:10:16 UTC

P=R*n*t

Jules Wrenn

2017-11-14 16:10:22 UTC

"at the end of each _______"

Periodic Payments

2017-11-14 16:10:31 UTC

P=R*n*t
Emily Seals

Regular periodic payment keywords-sydney buro

2017-11-14 16:10:32 UTC

“Each”
"End of each ________

PV lump sum

2017-11-14 16:10:32 UTC

Lump sum = p, to achieve amount/goal(a later

(Robert Beverly) Regular Payment Needed

2017-11-14 16:10:35 UTC

“At the end of each ________.” Use this type of you know “A,” or the final amount)

Laura Sales- Present Lump sum

2017-11-14 16:11:27 UTC

P- how much i know i have to invest- I want to know how big can it grow to<

2017-11-14 22:42:55 UTC

How long will it take?
-Lindsay Vaughn

Time needed

2017-11-15 16:06:21 UTC

Rule of 72
72/%=approx # of years for investment to double
(Emily Seals)

Trish Arpas

2017-11-15 16:06:55 UTC

“How long will it take?”

Trish arpas

2017-11-15 16:07:50 UTC

“How long will it take?”

Time Problems

2017-11-15 21:50:13 UTC

Deals with solving how long it will take to reach whatever end goal financially you have. When you have all other variables except for 't'.
Molly Thomas

Kelsey Walker

2017-11-16 02:11:13 UTC

keywords-
-at the end
-each
-end of each

Kelsey Walker

2017-11-16 02:12:07 UTC

Is compounded, which means interest is added back in.