Saving Money Compound Interest - Explained by Common Craft - INDV

This video introduces the basics of using a bank or credit union to earn money from compound interest. It tells the story of Jasmine, who saves money to buy a home. It teaches:

• How money earns interest in banks

• Interest rates

• How compound interest works over time

• Saving for a future goal

Video Info:

• Duration: 03m 29s

• Captions Available: YES

• Lesson Plan: YES

• Category: Money

• ISTE Standard: Knowledge Constructor, Indicator 3d