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Money · Ages 10+ · Set B
Compound interest against you
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Goal: 15 min
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Remember: Interest on a loan compounds too: unpaid, the pile owed grows faster each year.

Questions

1
A loan of one hundred coins stays unpaid. Which wait grows it to one hundred ten?
waiting five years to paywaiting one year to paywaiting nine years to pay
2
🪙Does paying a little each year on a loan work against a borrower?
YesNo
3
Which one does not work against a borrower?
🏁paying a loan back early📈interest on a loan nobody has paid🗓️a loan nobody touches for years
4
Which one works for a saver or a borrower who pays?
📈interest on a loan nobody has paid🧮a pile owed that doubles in ten years⏳leaving savings alone for years
5
A loan of one hundred coins stays unpaid. Which wait grows it to one hundred thirty-three?
waiting one year to paywaiting nine years to paywaiting three years to pay
6
Which one works against a borrower?
🏁paying a loan back early📈interest on a loan nobody has paid🪙paying a little each year on a loan
7
Which one works for a saver or a borrower who pays?
📈interest on a loan nobody has paid🌳coins growing in a savings garden🔁interest charged on interest owed
8
A loan of one hundred coins stays unpaid. Which wait grows it to two hundred twelve?
waiting seven years to paywaiting nine years to paywaiting eight years to pay
9
A loan of one hundred coins stays unpaid. Which wait grows it to one hundred sixty?
waiting five years to pay🔟waiting ten years to paywaiting one year to pay
10
Which one works against a borrower?
🏁paying a loan back early⏳leaving savings alone for years🗓️a loan nobody touches for years
11
A loan of one hundred coins stays unpaid. Does waiting seven years to pay make it two hundred fifty-six?
YesNo
12
Which one works against a borrower?
🔁interest charged on interest owed⏳leaving savings alone for years🌳coins growing in a savings garden
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