The discussion between my family and I, was great. We disccused how the compound interest is used and how it is used in real life scenarios. My mom really got the Compound interest formula but on the other hand my sister totally didnt understand what it was. So my mom and I explained what it is and gave an example of how it is used. The one thing i would change is to give more depth into the compound interest so that more people get how it is used.
Could you think of a situation in which your family benefits from compound interest?
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