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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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Lesson Plan
West Contra Costa Unified School District

Interest and the Number e

For Teachers 10th - 12th Standards
Mary, Mary, quite continuously, how does your money grow? Uses examples to examine the difference between simple interest and compound interest, and to take a look at different rates of compounding. Learners explore what would happen as...
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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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Lesson Plan
EngageNY

Why Do Banks Pay YOU to Provide Their Services?

For Students 9th - 10th Standards
How does a bank make money? That is the question at the based of a activity that explores the methods banks use to calculate interest. Groups compare the linear simple interest pattern with the exponential compound interest pattern. 
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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

M & M Interesting

For Teachers 6th - 8th
Students compute and collect interest payments in the form of M&M candies. In this mathematics lesson, students work in small groups to compute either simple or compound interest. They compare the growth of their accounts after six...
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Lesson Plan
Curated OER

M&M Interesting

For Teachers 6th - 8th
Students examine the concepts of trade-offs and opportunity cost to decide between savings accounts with simple interest and those with compound interest. They calculate interest earned on account balances while working in groups and...
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Lesson Plan
Curated OER

Investment Problems

For Teachers 9th - 10th
In this investment problem worksheet, pupils read story problems and use the interest formula to determine the total amount invested, or rate of return. This one-page worksheet contains six problems, with answers.
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Lesson Plan
Curated OER

Money and Credit: Making Good Decisions

For Teachers 6th - 8th
Students participate in activities that teach them how to manage money. In this managing money lesson plan, students set long and short term goals for economic success by having discussions, identifying benefits of saving, and...
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Lesson Plan
Curated OER

Introduction to Earning Interest: What are APR and APY?

For Teachers 7th - 8th
Learners 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
Students explore the concept of simple and compound interest. For this interest lesson, students discuss how interest works on a loan. Students calculate simple and compound interest on loans of fictitious characters from a video.
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Lesson Plan
Curated OER

Time Value of Money- Compound Interest

For Teachers 7th - 11th
Students study the concept of compound interest as it relates to the time value of money.
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Lesson Plan
Curated OER

Great Graph!

For Teachers 2nd - 3rd
Here is a fantastic lesson counting coins, interpreting graphs, and the concept of "greater than" and "less than." Young mathematicians utilize worksheets embedded in the plan in order to practice these concepts. The worksheets are...
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Lesson Plan
Curated OER

Compound Interest

For Teachers 10th - 11th
For this consumer math worksheet, students read an example of how to use the interest formula to compute interest that is compounded daily over six years. They complete a chart where they compute the interest earned over 10 years when...
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Lesson Plan
Curated OER

Data Analysis: Investing is an "Interesting" Experience

For Teachers 7th - 9th
Students compute interest earned. For 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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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

Investing for the Future

For Teachers 12th
Twelfth graders perform basic calculations for saving and investment strategies. they simulate the investment of $1,000 in the stock market and savings account. they determine which pays the greater dividend.
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Lesson Plan
Curated OER

FILLING EMPTY POCKETS: BORROWING, LOANS AND CREDIT.

For Teachers 9th - 10th
Learners learn that maintaining financial security takes a good math understanding. In this lesson, students apply mathematical formulas to make important financial decisions like getting the right loan to buy a house, decide which...
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Lesson Plan
Visa

A Way to Wealth: Understanding Interest and Investments

For Teachers 9th - 12th Standards
Money motivates! Help young bankers understand how math plays a part in investing. Give learners math practice while instilling real-world financial literacy skills.
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Lesson Plan
Curated OER

How Do You Double Your Money?

For Teachers 7th - 12th
Students understand how to calculate the return on investments for various rates and lengths. Also, they compare their results with the StocksQuest Calculator, which lists calculations year by year.
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Lesson Plan
Curated OER

Completing Simple Tax Forms

For Teachers 12th
Twelfth graders practice filling out IRS 1040 EZ forms. They discuss various ways people pay taxes. They assess the importance of W-2 forms and apply skills using the IRS tax table to compute how much money is owed or returned.
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Lesson Plan
Curated OER

Money Smart Choices

For Teachers 9th - 12th
Students make choices regarding money management. In this personal finance lesson, students explore budgets, incomes, and expenses as they learn vocabulary regarding personal finance and consider how to create personal budgets.
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Lesson Plan
Curated OER

Be the Kiwi: Money and Banking

For Teachers 6th - 8th
Students practice converting money systems and interest. In this money activity, students convert U.S. and New Zealand dollars. Students also discuss international travel and money exchange rates.