Wednesday, May 8, 2013

A Simple Video Explanation of Compound Interest

Compound interest can be a wonderful thing if you're saving money. Or it can be a curse if you're trying to pay-off a debt. Either way, it's a concept I have seen students try to understand. The Common Craft video below (click here if you're reading this in email or RSS) does a nice job of explaining the concept in a way that middle school and high school students can understand.