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Compound Interest - Building Up Personal Savings

By METAL (Mathematics for Economics: enhancing Teaching and Learning)


A film on using a formula to calculate how long it will take for a student's money to grow so that she can afford to take a round-the-world trip. (Duration 4 minutes 25 seconds). Part of a series of films from the METAL (Mathematics for Economics: enhancing Teaching and Learning) project that demonstrate how the mathematics of finance can provide an insight into a range of personal and business finance issues. They are fundamental building blocks for a course of mathematics for economics. These video clips and animations can be viewed in isolation, or via the learning pathway links to related materials in a Question Bank.

Topics: economics, maths, mathematics, metalproject, compound interest, Social studies, L000
Year: 2010
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Provided by: Jorum Open
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