LEADERSHIP PROGRAM IN DISCRETE MATHEMATICS CONTENT MAP FORM AUGUST 1994 A.1. TITLE OF DATABASE FILE:c10mjv.interest A.2. TITLE OF ACTIVITY:Compound Interest A.3. CATEGORY:Sequences and Dynamical Systems A.4. SUB-CATEGORY:Exponential Growth A.5. PERSON CREATING FILE:Dave VanSchaick typed by Joan Vital B.1. DESCRIPTION OF ACTIVITY:All classes during % unit Have students compute compound interest for an investment using a calculator. Provide students with a spreadsheet template in which they enter the amount invested, periods to compound and the interest rate. Provide a worksheet of questions to answer and the effect of holding 2 of the 3 variables constant to see the effect of the total interest earned. Relate to recursion B.2. RESOURCES USED FOR ACTIVITY: B.3. REFERENCE FOR ACTIVITY: C.1. GRADE LEVEL FOR ACTIVITY:6-8 C.3. STUDENT ABILITY LEVEL FOR ACTIVITY: C.3. LENGTH OF ACTIVITY: D.1. CONNECTIONS TO TRADITIONAL CURRICULUM: D.2. CONNECTIONS TO OTHER SUBJECT AREAS: D.3. PREREQUISITE DISCRETE MATH ACTIVITIES: D.4. SUBSEQUENT DISCRETE MATH ACTIVITIES THAT BUILD ON THIS ACTIVITY: