MA.912.FL.3.1

Compare simple, compound and continuously compounded interest over time.

Clarifications

Clarification 1: Instruction includes taking into consideration the annual percentage rate (APR) when comparing simple and compound interest.
General Information
Subject Area: Mathematics (B.E.S.T.)
Grade: 912
Strand: Financial Literacy
Status: State Board Approved

Related Courses

This benchmark is part of these courses.
1200330: Algebra 2 (Specifically in versions: 2014 - 2015, 2015 - 2022, 2022 and beyond (current))
1200340: Algebra 2 Honors (Specifically in versions: 2014 - 2015, 2015 - 2022, 2022 and beyond (current))
7912070: Access Mathematics for Liberal Arts (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2019, 2019 - 2022, 2022 and beyond (current))
7912095: Access Algebra 2 (Specifically in versions: 2016 - 2018, 2018 - 2019, 2019 - 2022, 2022 and beyond (current))
1207350: Mathematics for College Liberal Arts (Specifically in versions: 2022 and beyond (current))
1200388: Mathematics for Data and Financial Literacy Honors (Specifically in versions: 2022 and beyond (current))
1700600: GEAR Up 1 (Specifically in versions: 2020 - 2022, 2022 and beyond (current))
1700610: GEAR Up 2 (Specifically in versions: 2020 - 2022, 2022 and beyond (current))
1700620: GEAR Up 3 (Specifically in versions: 2020 - 2022, 2022 and beyond (current))
1700630: GEAR Up 4 (Specifically in versions: 2020 - 2022, 2022 and beyond (current))
1200384: Mathematics for Data and Financial Literacy (Specifically in versions: 2022 and beyond (current))
7912120: Access Mathematics for Data and Financial Literacy (Specifically in versions: 2022 and beyond (current))

Related Access Points

Alternate version of this benchmark for students with significant cognitive disabilities.
MA.912.FL.3.AP.1: Compare simple and compound interest over time.

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