






Visual 4
Watching Money Grow with Interest
Three factors affect how money grows in a savings account.
 the amount you save
 the interest rate
 the length of time you save
Let's see what happens with HIGHER INTEREST RATES and the SAME deposit amount and the SAME time period. 


A 
B 
C 
D 
Amount of Deposit

Annual Interest Rate 
Number of Years

Total at the end of the time period

$10,000 
4% 
10 
14,802.44 
$10,000 
6% 
10 
17,908.48 
$10,000 
8% 
10 
21,589.25 
$10,000 
10% 
10 
25,937.43 










