Saving Data Crunch

MATH: Two Ways to Double Your Savings

In this activity, students will be able to:

  • Calculate how long it takes to double a savings balance using logarithms and the Rule of 72
  • Input values into the compound interest equation
  • Use logarithms to solve for a variable in an exponent
  • Apply the change of base rule for logarithms


Source: NGPF

MATH: Compound Interest in Savings Accounts

In this activity, students will be able to:

  • Use the compound interest formula to evaluate how savings balances will grow over time
  • Explore exponential growth


Source: NGPF

DATA CRUNCH: How Would Americans Cover a $400 Emergency?

In this activity, students will be able to:

  • Analyze a bar graph of the percentage of people who would cover an emergency expense using different payment methods


Source: The Federal Reserve

DATA CRUNCH: What Is the U.S. Savings Rate?

In this activity, students will be able to:

  • Analyze a line graph of the saving rate over time


Source: US Bureau of Economic Analysis