Session Date
Lesson Topic
Compound Interest: Definition, Formula, and Calculations.
Lesson Outline
Compound Interest: Definition, Formula, and Calculations. Definition/effect of number of compounding periods,
"rolling snowball" interest process, concept of Annual Percentage Yield APY. Comparison of advantages of Compound Interest vs Simple Interest. Exponential growth of Interest and Balance with compounding. During today's session on Compound Interest, Aiden clearly understood the concept and why compounding is financially more beneficial than Simple Interest.
"rolling snowball" interest process, concept of Annual Percentage Yield APY. Comparison of advantages of Compound Interest vs Simple Interest. Exponential growth of Interest and Balance with compounding. During today's session on Compound Interest, Aiden clearly understood the concept and why compounding is financially more beneficial than Simple Interest.
Assignment
None
Session Minutes
45
Minutes Student Attended
45
Lesson Comments
During today's session on Compound Interest, Aiden clearly understood the concept and why compounding is financially more beneficial than Simple Interest.
Session Hours
0.75
Hours Attended
0.75
Entry Status
Review Status
Student Name(s)
Subject
School