Create A Test Blog

Compound interest: the most powerful force in the universe?

Compound interest is a very impressive force and it is an interesting part of mathematics. Albert Einstein himself said that compound interest is the most powerful force in the world and it is pretty hard to disagree.


What is compound interest?

For those that are not aware of the concept of compound interest we will give you a very simple example. If you have £100 in a bank today and your account pays 10% interest a year how much money do you have in a year?

Well firstly you have the money you originally put in (£100) but you also receive £10 interest from the bank. So at the end of the year you have £110... [More]

Tags: Albert Einstein, Percentage, Compound Interest

April 2012 Create A Test News.
Easter is over and hopefully everyone enjoyed the two weeks away from school. Now though it is time to get back to the final term and there is a lot of build up towards exams so hopefully you are using Create A Test to help you in this build up. We are working hard to help you as a teacher, pupil or tutor in this process.

Further Development in School Account
Now you can lock and secure papers you have created in a way that doesn’t remove the departmental sharing functionality. When creating a new paper notice that you can now choose to lock the paper. If you have already created a paper you want to lock you can edit the paper and lock it. We have ha... [More]

Tags: News, Developments