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The Rule of 72  Why it Works

Growth (Algebra) 
JavaScript 
Support Material 

[0]

The rule of 72 applies to annually compounded interest, this explanation looks at the case of continuously compounded interest first and then annually compounding interest.
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Credit Card Debt Calculator

Growth (Algebra) 
Calculator 
Tool 

[0]

Use this credit card debt calculator to find out how much is owed. This can be used as a good starting point for any debt management plan. Enter all of the credit cards and outstanding installment loa...
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Credit Card Minimum Payment Ca...

Growth (Algebra) 
Calculator 
Tool 

[0]

Use this credit card minimum payment calculator to determine how long it will take to pay off credit cards if only the minimum payment is made. Enter the credit card information below and press "view ...
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Credit Card Repayment Calculat...

Growth (Algebra) 
Calculator 
Tool 

[0]

Based on the information you provide, the calculator will give you an estimate of how long it will take you to pay off your credit card balance. The calculator assumes:
* you make no more charg...
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Debt Payoff Calculator

Growth (Algebra) 
Calculator 
Tool 

[0]

This debt payoff calculator can show how to accelerate the debt payoff. The process is simple; just apply a portion of the consolidated loan's monthly payment savings to the consolidated loan's balanc...
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Loan Consolidation Calculator

Growth (Algebra) 
Calculator 
Tool 

[0]

Getting a consolidation loan can do more than pay off debt. It is possible to create a sizable nest egg by investing all or a portion of the monthly payment savings. After a few years, the results are...
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Student Loan Debt Calculator

Growth (Algebra) 
Calculator 
Tool 

[0]

The "Student loan debt calculator" applies two simple principles to paying off highinterest debt.
1. Consolidate the existing student loans
2. Use the extra cash every month to pay off other hi...
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Quantitative Environmental Lit...

Growth (Algebra) 
Computer 
Tool 

[2]

Lots of realworld data, with descriptions of environmental and mathematical implications; stored in a variety of formats for easy download. Catalogued by mathematical topic and by environmental topi...
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College Savings Calculator

Growth (Algebra) 
Java Applet 
Tool 

[0]

Use our College Savings calculator to determine the amount you must invest each year to have enough money to cover all college costs.
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Savings Calculator

Growth (Algebra) 
Java Applet 
Tool 

[0]

Use this savings calculator to see how a consistent approach to investing can make your money grow. Whether saving for a house, a car, or other special purchase, the savings calculator will help you d...
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Shedding Light on the Subject

Growth (Algebra) 
Java Applet 
Tool 

[0]

This is a full lesson that gives students experience with exponential functions in an application format. There is a movie, an applet for gathering information, and a graphing applet. There is a les...
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Compound Interest Calculator 1

Growth (Algebra) 
JavaScript 
Tool 

[0]

This calculator is for a onetime investment (with no withdrawals). It finds the amount you will have at the end of your investment.
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Compound Interest Calculator 2

Growth (Algebra) 
JavaScript 
Tool 

[0]

This calculator is for a onetime investment (with no withdrawals). It finds how much you will have to invest to reach your desired goal.
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Mortgage Calculator

Growth (Algebra) 
JavaScript 
Tool 

[0]

The mortgage calculator will show you how much your monthly payment will be. It can also show the effect of adding extra payments.
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Population Dynamics in Central...

Growth (Algebra) 
JavaScript 
Tool 

[0]

This model represents the interactions between members of a food chain; in this case, vegetation, rabbits and foxes. This simulation can be used to answer questions such as: What happens when vegetati...
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Rule of 72

Growth (Algebra) 
JavaScript 
Tool 

[0]

The rule says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72. For example, if you want to know how long it will take...
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Million Dollar Mission

Growth (Algebra) 
Spreadsheet 
Tool 

[1]

This is the famous "doubling pennies" problem. Students will study exponential growth. The activity is designed for students to work independently, or in groups with guidance from the teacher.
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