Remember: Compound interest pays on the interest already added, so growth speeds up.
Questions
1
The Snowball Garden adds one new coin for every full ten. Which garden adds twenty-one coins in a year?
🌾a garden of two hundred twelve coins🍀a garden of one hundred thirty-three coins🌿a garden of one hundred twenty-one coins
2
Which one is not compound interest?
🏔️a snowball rolling downhill⛄interest paid on the coins and on earlier interest🌰interest paid only on the planted coins
3
The Snowball Garden adds one new coin for every full ten. Which garden adds eleven coins in a year?
🌱a garden of one hundred ten coins🌷a garden of two hundred fifty-six coins🌵a garden of one hundred ninety-three coins
4
Which one is compound interest?
🪴leaving the new coins in the garden🟰the same new coins every year🌰interest paid only on the planted coins
5
The Snowball Garden adds one new coin for every full ten. Which garden adds fourteen coins in a year?
🌳a garden of one hundred forty-six coins🌷a garden of two hundred fifty-six coins🌿a garden of one hundred twenty-one coins
6
Which one is not compound interest?
🏔️a snowball rolling downhill🔟ten coins a year on a hundred planted🪴leaving the new coins in the garden
7
🌷The Snowball Garden adds one new coin for every full ten. Does a garden of two hundred fifty-six coins add sixteen coins in a year?
YesNo
8
Which one is simple interest, not compound?
📏the Flat Patch🔁interest that earns interest🪴leaving the new coins in the garden
9
The Snowball Garden adds one new coin for every full ten. Which garden adds seventeen coins in a year?
🌱a garden of one hundred ten coins🌾a garden of two hundred twelve coins🌴a garden of one hundred seventy-six coins
10
Which one is compound interest?
🏔️a snowball rolling downhill🧺picking the new coins out each year🌰interest paid only on the planted coins
11
Which one is not compound interest?
🧺picking the new coins out each year⛄interest paid on the coins and on earlier interest🪴leaving the new coins in the garden
12
🍀The Snowball Garden adds one new coin for every full ten. Does a garden of one hundred thirty-three coins add twenty-three coins in a year?
YesNo
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