https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t Good Morning Class! We will be doing a K-W-L in order for us to answer questions about Simple Interest and Compound Interest! en-us 2022-03-29 16:18:30 UTC 2022-04-13 16:06:10 UTC hello@padlet.com https://pngimg.com/uploads/question_mark/question_mark_PNG108.png https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140878535 It makes more money.]]> 2022-04-12 14:04:12 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140878535 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140878593 the formula]]> 2022-04-12 14:04:15 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140878593 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140878894 What does the +1 in the formula mean?]]> 2022-04-12 14:04:25 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140878894 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140878966 2022-04-12 14:04:28 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140878966 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140878984 2022-04-12 14:04:29 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140878984 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879175 A=P(1+r)^t
I=(P(1+r)^t)-P]]> 2022-04-12 14:04:37 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879175 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879373 The formula is a=p(1+r)^t]]> 2022-04-12 14:04:46 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879373 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879422 2022-04-12 14:04:48 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879422 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879565 2022-04-12 14:04:51 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879565 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879593 i know the formula for compound interest and I know how to find it. ]]> 2022-04-12 14:04:53 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879593 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879611 Why do I need this???]]> 2022-04-12 14:04:53 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879611 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879694 The formula is P(1+r) to the power of t]]> 2022-04-12 14:04:57 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879694 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879817 1. The formula for Simple interest is I= prt
2. The formula for Compound interest is A= p(1+r)t]]> 2022-04-12 14:05:02 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879817 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879847 2022-04-12 14:05:03 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879847 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879927 compoud makes more money then simple]]> 2022-04-12 14:05:06 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879927 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879977 The formula is A=p(1+r)^t is also makes more money over time compared to simple Interest.]]> 2022-04-12 14:05:08 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140879977 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880112 Compound interest keeps building up from what it was before. ]]> 2022-04-12 14:05:14 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880112 wswint https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880170 I know the formula]]> 2022-04-12 14:05:16 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880170 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880234 how will this help me]]> 2022-04-12 14:05:18 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880234 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880570 2022-04-12 14:05:26 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880570 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880777 nothing.]]> 2022-04-12 14:05:33 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880777 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880781 it has the formula A=P(1+r)^t]]> 2022-04-12 14:05:33 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880781 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880804 How I will use this in the future.]]> 2022-04-12 14:05:34 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880804 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880827 2022-04-12 14:05:35 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140880827 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140881061 2022-04-12 14:05:42 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140881061 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140881296 When is it better

]]> 2022-04-12 14:05:49 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140881296 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140881550 there is nothing

]]> 2022-04-12 14:05:57 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140881550 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140881558 I know the formulas for compound interest
which is a=p(1+r)^t]]> 2022-04-12 14:05:58 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140881558 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140881839 So when calculating the price of college do you have to multiply the compound intrest formula by the number of years in year college to find the cost of college?]]> 2022-04-12 14:06:08 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140881839 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140882119 2022-04-12 14:06:18 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140882119 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140882270 2022-04-12 14:06:22 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140882270 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140882369 2022-04-12 14:06:25 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140882369 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140882516 Why should I do compound and not simple interest and how it will benefit me? ]]> 2022-04-12 14:06:30 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140882516 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140882555 Why cant I just see if its compound interest and assume its more?]]> 2022-04-12 14:06:31 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140882555 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140883196 Its a longer "equation"]]> 2022-04-12 14:06:56 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140883196 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140883600 I want to know If there is a way to do this faster?]]> 2022-04-12 14:07:07 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140883600 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140883970 What would be the difference in solving for compound interest than simple interest.]]> 2022-04-12 14:07:21 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140883970 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140884099 A= p(1+r) to the power of time

]]> 2022-04-12 14:07:25 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140884099 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140886279 So when tax laws change do the types o intrests change?]]> 2022-04-12 14:08:47 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2140886279 ingridmartinez8977 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2142623120 You will use this when calculating finances like investments, and savings. 
also with calculating car payments like what our project is about]]> 2022-04-13 15:56:11 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2142623120 ingridmartinez8977 https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2142627272 lower tax rate equals lower interest rate. ]]> 2022-04-13 15:59:16 UTC https://padlet.com/ingridmartinez8977/p4fr8zswx4t4w44t/wish/2142627272