**Vocabulary**

budget, payment plan

**TEKS** 8(1)(A), 8(1)(D), 8(12)(D)

**Intro**

Some banks charge an annual or monthly fee to have an account. The bank withdraws the fee at the end of the year or month, after interest has been calculated.

**Example Analyzing Savings Account Options**

A bank advertises two savings account options. The Lotts want to open an account with $1,800. They plan to keep the money in the account for 2 years. Which savings account would you recommend? Why?

**Solution**

**Step 1** Find the balance of the Super Savings account after 2 years.

Use the compound interest formula.

The balance for the Super Savings account after 2 years is $1,854.71.

Digits, Grade 8, Volume 2, Homework Helper
Unit D: Two-Dimensional Shapes
Unit E: Measurement and Data
Math Symbols
Formulas Measures
Properties

Topic 11: Scatter Plots
Topic 12: Samples

Unit F: Personal Financial Literacy
Unit G: Step-Up Lessons
- 11-1: Interpreting a Scatter Plot
- 11-1: TEKS Practice
- 11-2: Constructing a Scatter Plot
- 11-2: TEKS Practice
- 11-3: Investigating Patterns – Association
- 11-3: TEKS Practice
- 11-4: Linear Models – Fitting a Straight Line
- 11-4: TEKS Practice
- 11-5: Using the Equation of a Linear Model
- 11-5: TEKS Practice
- 11-6: Additional Problem Solving
- 11-6: TEKS Practice

Topic 15: Step-Up Lessons

English/Spanish Glossary
Formulas
- 15-1: Solving Equations Using the Distributive Property
- 15-1: TEKS Practice
- 15-2: Solutions – One, None, or Infinitely Many
- 15-2: TEKS Practice
- 15-3: Exponents and Multiplication
- 15-3: TEKS Practice
- 15-4: Exponents and Division
- 15-4: TEKS Practice
- 15-5: Operations with Numbers Expressed in Scientific Notation
- 15-5: TEKS Practice
- 15-6: Solving Simultaneous Linear Equations Using Addition
- 15-6: TEKS Practice
- 15-7: Solving Simultaneous Linear Equations Using Subtraction
- 15-7: TEKS Practice