Sources/Bibliographic Information that contributed to this lesson: Interactive Compound Interest Calculator Handout #1 Name_______________________ Thinking About the Video: Need to Invest Early Larry got off to an early start in saving money. At what age did Larry begin saving? ________ How much money did Larry save each year? ____________ What was his compound interest rate? _____ How many years did Larry Invest his $2000/per year?________ What was the total amount he put in savings? __________ Why did Larry stop investing? ___________________ ____________________________ Did he ever put more money into the account? _________________________ What happened to the money in account? ___________________________________ Larry’s twin brother Barry is a procrastinator he put off starting a savings plan until what Larry’s – age?_________ How much did Barry invest per year? ________________________________ How long did Barry invest his yearly $2,000.00? _____________________________ How much did Barry contribute to his savings? ______________________________ Fill in the chart below: Larry Barry Age he began investing:
Sources/Bibliographic Information that contributed to this lesson: Interactive Compound Interest Calculator Handout #1 Name_______________________ Thinking About the Video: Need to Invest Early Larry got off to an early start in saving money. At what age did Larry begin saving? ________ How much money did Larry save each year? ____________ What was his compound interest rate? _____ How many years did Larry Invest his $2000/per year?________ What was the total amount he put in savings? __________ Why did Larry stop investing? ___________________ ____________________________ Did he ever put more money into the account? _________________________ What happened to the money in Larry’s account? ___________________________________ Larry’s twin brother Barry is a procrastinator – he put off starting a savings plan until what age?_________ How much did Barry invest per year? ________________________________ How long did Barry invest his yearly $2,000.00? _____________________________ How much did Barry contribute to his savings? ______________________________ Fill in the chart below: Larry Barry Age he began investing:
Grade%207%20Lesson%209%20Start%20Saving%20Early.docx