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Identify interest on a savings account as money earned by keeping money in the account over time.
Clarifications:
Use simple bank statements and compare the amount of money in a savings account over several months.
General Information
Number: MA.912.F.1.In.b
Category: Independent
Date Adopted or Revised:
09/07
Standard:
Simple and Compound Interest : Simple and Compound Interest
Related Benchmarks
This access point is an alternate version of the following benchmark(s).
Related Courses
This access point is part of these courses.
1298310: Advanced Topics in Mathematics (formerly 129830A)
1205370: Consumer Mathematics
1205540: Business Mathematics
1200500: Advanced Algebra with Financial Applications
2102335: Economics with Financial Literacy
2102345: Economics with Financial Literacy Honors
7912105: Fundamental Consumer Mathematics
1207300: Liberal Arts Mathematics 1
7921042: Fundamental Economics with Financial Literacy
7921022: Access Economics with Financial Literacy
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