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Lesson Plan
Council for Economic Education

Calculating Simple Interest

For Students 6th - 12th Standards
How much is owed? A calculated resource introduces the simple interest formula with a video that describes how to use it. Classmates then show what they know by answering questions within a simple interest worksheet.
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Worksheet
Curated OER

Calculating Simple Interest

For Students 8th - 12th
Interest can be both a best friend and an enemy...show your learners how it can manifest through this set of 10 word problems. For each, they calculate time, principle, interest, or rate and choose an answer from multiple choice...
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Assessment
Houghton Mifflin Harcourt

Simple and Compound Interest

For Students 7th - 12th Standards
Your learners will get lots of practice calculating simple and compound interest by the end of this lesson. Simple explanations and examples lead learners through the concepts and steps of calculating simple and compound interest...
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Lesson Plan
Curated OER

Loan Amortization - Mortgage

For Teachers 9th - 12th
Upper graders explore the connection between interest and principal. They use an amortization schedule to determine the amount of principal paid vs interest on a $100,000 home loan. Fourteen discussion questions and a research-based...
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Lesson Plan
SaveandInvest.org

Introduction to Earning Interest: Middle School

For Teachers 6th - 8th Standards
Does your bank pay you for allowing them to hold your money? Class members research three different ways they can earn money using money already in the bank. Topics include certificates of deposit, statement savings accounts, and money...
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Activity
5280 Math

Interesting Times

For Teachers 10th - 12th Standards
Gain a little interest in functions with a real-life task. Young scholars analyze home loan data with a geometric sequence and series. They use the models to make predictions about the total loan payments at certain intervals in a useful...
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Lesson Plan
National Research Center for Career and Technical Education

Business Management and Administration: Compound Interest - A Millionaire's Best Friend

For Teachers 6th - 12th Standards
Many math concepts are covered through this resource: percentages, decimals, ratios, exponential functions, graphing, rounding, order of operations, estimation, and solving equations. Colorful worksheets and a link to a Google search for...
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Lesson Plan
SaveandInvest.org

Introduction to Earning Interest: Grades 9-10

For Teachers 9th - 10th Standards
Does your bank pay you for allowing them to hold your money? The lesson covers three different ways your money can make money. Topics include certificates of deposit, statement savings accounts, and money market accounts.
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Lesson Plan
SaveandInvest.org

Introduction to Earning Interest: Grades 11-12

For Teachers 11th - 12th Standards
Does your bank pay you for allowing them to hold your money? Class members investigate three different ways money can make more money. Topics include certificates of deposit, statement savings accounts, and money market accounts. This...
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Lesson Plan
Curated OER

Calculating Interest

For Teachers 5th - 8th
Students explore the concept that when money is borrowed, people pay to use it because someone else is losing an opportunity to use it while they have it. What you pay to use the money is called interest. The rate of interest is a...
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Lesson Plan
Curated OER

Compound Interest

For Teachers 9th - 12th
Young scholars solve compound interest problems. In this solving compound interest problems instructional activity, students use TVM Solver on the Ti-83 Plus. Young scholars find the future value of a principal amount at a given interest...
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Worksheet
Curated OER

The Interest Equations

For Students 10th - 11th
In this algebra worksheet, students calculate the interest yearly, quarterly and daily. They follow specific formulas for each equation. There are 7 problems with an answer key.
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Worksheet
Curated OER

Calculating Interest

For Students 7th
In this calculating interest worksheet, 7th graders solve 10 different problems that include determining the simple interest in each box. First, they identify and define the terms for finding the simple interest in each. Then, students...
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Worksheet
Curated OER

Interest Problems

For Students 8th - 9th
In this interest problem activity, students read investment problems and determine necessary information. They compute the amount of simple interest earned, find the principal, or determine the time. They identify the principal,...
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Assessment
Curated OER

The Bank Account

For Students 10th - 11th Standards
Your algebra learners become bankers for a day as they explore compounding interest and the formula used to calculate the balance in a savings account. Questions guide the learners as they analyze the formula's parts and their connection...
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Lesson Plan
Federal Reserve Bank

Financial Literacy Infographic Scavenger Hunt

For Students 9th - 12th Standards
A lesson plan in personal finance can be the most valuable part of a high school education. Connect the basics of banking with informational reading skills in a lesson plan that prompts teenagers to answer a series of questions based on...
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Worksheet
Curated OER

Simple Interest

For Students 7th - 8th
For this simple interest worksheet, students use the interest formula to find missing values. They determine interest, principal, interest rates, and time borrowed. This one-page worksheet contains 12 problems.
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Worksheet
Curated OER

Interest Word Problems

For Students 7th
In this interest activity, 7th graders solve 10 different problems that include word problems and determining interest rates. First, they determine the principal paid on a certain amount of money borrowed. Then, students determine how...
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Lesson Plan
Curated OER

Introduction to Earning Interest: What are APR and APY?

For Teachers 7th - 8th
Pupils explore saving and investing money.  In this middle school personal finance lesson, students define and use investment vocabulary, explore compound interest and its effect of savings, and compute simple and compound interest. ...
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Lesson Plan
Curated OER

The Business of Interest

For Teachers 9th - Higher Ed
Pupils explore the concept of simple and compound interest. In this interest lesson, students discuss how interest works on a loan. Pupils calculate simple and compound interest on loans of fictitious characters from a video.
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Lesson Plan
Curated OER

Data Analysis: Investing is an "Interesting" Experience

For Teachers 7th - 9th
Students compute interest earned. In this data analysis lesson, students examine investments and interest rates. They compute the total interest earned and find the simple interest.
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Worksheet
Curated OER

Simple Interest

For Students 6th - 10th
In this simple interest instructional activity, students calculate the interest, price, rate, and time for word problems. Students complete 3 problems total.
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Lesson Plan
Curated OER

Simple Interest

For Teachers 8th
Eighth graders practice finding simple interest and apply their findings to real-world situations. They work with percents in the form of commission and sales taxes. After completing an assignment during independent practice, they are...
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Lesson Plan
Curated OER

Solving Problems Using Interest

For Teachers 6th - 8th
In this math worksheet, students look for the solutions to the problems using interest. Then they calculate the new principal after adding the interest.