Tuesday, May 11, 2010
I think bankrate.com has some great calculators that allow you (or your students) to play with various models for savings and borrowing and all the components that affect interest earned or paid.
The image on the right shows the savings calculator and it's a great tool for helping students explore the impact of different interest rates, contributions, etc.
Similarly, it offers calculators for mortgages, credit card payments, car loans and more.
Do you know of any other good sites with financial calculators? Maybe ones that have graphing along with charts?