I strongly suspect there were both word problems used in your math classes and that compound interest was in the curriculum. But maybe there is somewhere there actually isn’t. Generally, the curriculum documents are all publicly available online too so feel free to take a look. Although finding the curriculum from 10+ years ago can be hard if there have been changes.
Had you really never seen something like ‘Joe currently owes $300 on his credit card with an annual interest rate of 22%. How much will he owe 2 years from now if he makes no payments and no new purchases’?
All you need is the compound interest formula. It could be about investments or a ball accelerating due to gravity and it’s still just that same formula with different numbers plugged in.
Had you really never seen something like ‘Joe currently owes $300 on his credit card with an annual interest rate of 22%. How much will he owe 2 years from now if he makes no payments and no new purchases’?
Honestly, no, I hadn’t seen anything like that in any of my classes, but the thing is even if I did it’s not worth anything just having those words and not actually teaching it and relating it to the real world and showing how it will affect us as adults when we are older. I 1000% didn’t have any teachers actively teaching specifically that using real-world things like credit cards that would matter to us students. For the most part I didn’t really have teachers actively teaching things like that, it almost felt more like they were going through the motions, I dunno maybe I just got unlucky.
K yeah, that sounds shitty and I’m sorry you had to deal with it. The fact that some of us, myself included, got quite lucky with good teachers who knew how to teach the content probably does make all the difference.
I strongly suspect there were both word problems used in your math classes and that compound interest was in the curriculum. But maybe there is somewhere there actually isn’t. Generally, the curriculum documents are all publicly available online too so feel free to take a look. Although finding the curriculum from 10+ years ago can be hard if there have been changes.
Had you really never seen something like ‘Joe currently owes $300 on his credit card with an annual interest rate of 22%. How much will he owe 2 years from now if he makes no payments and no new purchases’?
All you need is the compound interest formula. It could be about investments or a ball accelerating due to gravity and it’s still just that same formula with different numbers plugged in.
Honestly, no, I hadn’t seen anything like that in any of my classes, but the thing is even if I did it’s not worth anything just having those words and not actually teaching it and relating it to the real world and showing how it will affect us as adults when we are older. I 1000% didn’t have any teachers actively teaching specifically that using real-world things like credit cards that would matter to us students. For the most part I didn’t really have teachers actively teaching things like that, it almost felt more like they were going through the motions, I dunno maybe I just got unlucky.
K yeah, that sounds shitty and I’m sorry you had to deal with it. The fact that some of us, myself included, got quite lucky with good teachers who knew how to teach the content probably does make all the difference.
Sir, this is a public school