Title: 4.2 Interest on Savings
Course: Personal Finance - Sample Missouri Syllabus - for Canvas Upload > Section: Section 4.2: Interest on Savings

a. Compare simple and compound interest.

b. Use the Rule of 72 to calculate how long it takes money to double.

c. Explain how the time value of money, i.e. money in hand today, is worth more than money promised in the future, influences financial decision-making.