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Panbang: Zhemgang
Lesson Planning for Academic Year: 2022
• Compound interest is different from simple interest in that you also earn or pay
interest on interest already earned. Compound interest is described using a per annum
percentage rate and a frequency of compounding.
For example, the following tables compare two Nu 10,000 investments over a five-year
period, one at 4% simple interest p.a. and the other at 4% compound interest p.a.
mp e:
k
e nte est ned ot n n e nte est ned ot n n
t end t end o ye
o ye
25/05/22
Teacher’ Signature Monitor’ Signature
Tshering Tashi Mr. Yonten Phuntsho
(Academic Head)