Learning Objectives
The leaning objectives for this section include:
- Calculate one-time simple interest, and simple interest over time
- Determine APY given an interest scenario
- Calculate compound interest
We have to work with money every day. While balancing your checkbook or calculating your monthly expenditures on espresso requires only arithmetic, when we start saving, planning for retirement, or need a loan, we need more mathematics.
Candela Citations
CC licensed content, Original
- Introduction and Learning Objectives. Provided by: Lumen Learning. License: CC BY: Attribution
CC licensed content, Shared previously
- interest. Authored by: NY. Located at: http://www.picserver.org/i/interest.html. License: CC BY: Attribution
