Loading...

How can you compute and compare simple and compound interest?

Previously, you saw examples and practice problems for calculating simple interest and compound interest.

Now it's your turn! Use all the information that you have gathered in this lesson to determine and compare different loans and investments using both simple and compound interest.

Download the worksheet below to get started.

Important: Complete only Part I of the Financial Literacy worksheet. When you are finished with Part I, save it, so Part II can be completed during the next lesson.