After reading The Hundred Penny Box , students compare how people save money in financial institutions.
Students analyze the advantages of regular saving and how savings grow with compounding.
2. explain how compounding enhances savings. 3. calculate interest. Ask students if they have a drawer or box at home in which they keep old mementos. Ask what kinds of things they save in it. Have students give examples of things that would be interesting to find in an older person's special place.