The students of Grade VIII were paired to solve a question calculating both compound interest and simple interest during the Math period. The activity enabled them to derive a conclusion that compound Interest is always greater than simple Interest. Through this activity, they were able to conclude that as a borrower, simple interest is better because we not paying interest on interest. It's easier to repay debt with simple interest. Compound interest can help to build wealth over time because our earnings also earn money. The students enjoyed the activity and participated with enthusiasm and zeal.
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