Name of Assignment: The Power of Compound Interest
Subject: Junior Seminar
Facilitator/Teacher: Coach Cassie
Description of Work/Assignment: Learning how compound interest works in a variety of different scenarios.
Which 21st Century Skill do you feel this assignment addresses, and why? This assignment addresses financial, economic, and business literacy due to the topic relating to finances, how this applies in business, and how it works in the real world.
What are you most proud of from this assignment, and why? I am proud that I was able to learn and understand this topic early on. Knowing about compound interest before I get a credit card or an IRA will help me make better decisions.
How did you develop and/or improve upon your 21st Century Skill with this assignment? I developed and improved my financial, economic, and business literacy in this assignment by learning about a fresh topic in a economics. This really challenged me and expanded my knowledge about compound interest.
What was most difficult about completing this task?
The most difficult part about completing this task was different calculations that we had to make using compound interest. This was challenging and involved the use of complicated formulas or a special calculator. How could you improve this work? If you could start over, what would you do differently? To improve this work, I would find a way that I could better describe compound interest and its formula because I wasn't able to describe this as well as I should have been able to. |
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This project was not similar to anything that I have done before in this class or in other classes.
How can you apply this to future learning? I can apply this to future learning by using this knowledge when making decisions and learning new things about finances.