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