Compound Interest with Payments Practice

Compound Interest with Payments Practice
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2019-02-11 04:36
In collections FOM 12 BC
This example demonstrates the calculation and visualization of compound interest with regular payments. It involves core mathematical concepts like compound interest, future value, present value, interest rate, and payment amounts. The construction uses GeoGebra commands and objects such as RandomElement, FutureValue, and Textfield. It is suitable for high school and above students learning financial mathematics and practicing compound interest problems.

GeoGebra Commands & Parameters

  1. RandomElement(listcompound) → n
  2. RandomElement(listpresent) → present
  3. FutureValue(rated, (n * t), payment, present) → a
  4. Textfield(emptyq1) → InputBox1
  5. Textfield(emptyq2) → InputBox2
  6. Textfield(emptyq3) → InputBox3
  7. Textfield(emptyq4) → InputBox4