Simple versus Compound Interest

Compound interest compared to simple interest at various rates, terms, and compounding periods.

SNAPSHOTS

  • [Snapshot]
  • [Snapshot]
  • [Snapshot]
  • [Snapshot]
  • [Snapshot]

DETAILS

Screenshot 1: Frequent compounding at a high interest rate.
Screenshot 2: Less frequent compounding at the same rate reaches a lower total.
Screenshot 3: Less frequent compounding at the same rate reaches a lower total.
Screenshot 4: Compound interest is vastly higher than simple after a long period.
Screenshot 5: Monthly vs. annual compounding raises the previous total by 20%.
    • Share:

Embed Interactive Demonstration New!

Just copy and paste this snippet of JavaScript code into your website or blog to put the live Demonstration on your site. More details »

Files require Wolfram CDF Player or Mathematica.







Related Curriculum Standards