Interest
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Description
The film illustrates the effect of compounding interest in an entertaining way. Based on the egg-laying hens (interest rate, the eggs in the movie), it is clear that one can either consume or reinvest an asset to generate higher returns. If the interest is applied repeatedly over a long period, the value of the asset increases.
More Episodes
This two-minute film of the School of Business FHNW tells the story of money from barter to commodity money and coinage right up to banknotes.
Published 07/05/11
The film shows how prices develop from the interaction between buyers and sellers using a specific sales situation similar to those which arise in a market economy. The film is suitable for use in the classroom.
Published 07/05/11
Published 07/05/11