Determine the growth of simple and compound interest at various rates using digital tools, and explain the impact interest has on long-term financial planning
30 tutor-authored questions for this Ontario curriculum expectation, ordered easiest to hardest, every one with a full worked solution. Work through all 30 with your weekly-lesson access code.
Sample: the first question, solved
Invest $1000 at 5% annual simple interest. How much interest is earned after 1 year?
📘 Worked solution
✓$50.
And one from the hard end
Invest $15000 at 7% annual compound interest for 20 years. Estimate the total, rounded to the nearest dollar.
Solution shown after you try it in practice mode.
Work through all 30, easiest to hardest
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