Cuemath
Cuemath: Simple Interest
A comprehensive guide for learning all about simple interest with definitions, simple interest formula, loans, solved examples, and practice questions.
Council for Economic Education
Econ Ed Link: Calculating Simple Interest
How do banks calculate the amount of interest paid on a loan? In this lesson, students will view a Livescribe Pencast to learn how to find the dollar amount in interest that is due at maturity. This lesson uses different time periods...
Math Is Fun
Math Is Fun: Interest (An Introduction)
What is interest? What is the difference between simple interest and compound interest? Find the answers to these questions, learn how to calculate interest for a loan, and see how interest can help your money grow. Includes ten practice...
Alabama Learning Exchange
Alex: An Interest Ing Math Lesson
Eventually, everyone will need to borrow money for one reason or another. A good understanding of how interest works will go a long way when applying for a loan. In this lesson, young scholars will complete a KWL chart about the purchase...
Other
Credit Karma: Simple Loan Payment Calculator
If you enter the values for a simple loan payment, it will give the monthly payments. You will need to know the principal, interest, and amount of time in years.
National Council of Teachers of Mathematics
The Math Forum: Interest Rates
This Dr. Math site asks about simple interest and its effect on the repayment of a loan.
Alabama Learning Exchange
Alex: Are You Interest Ed?
In this lesson, students will explore simple interest through the use of studying loans and savings accounts. The students will generate the formula I=P x r x t to calculate simple interest on loans. Students will become familiar with...
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Katrina's Classroom: Lesson 3: A Fresh Start
This lesson examines the benefits and importance of access to credit. Using hands-on learning strategies and internet resources, students will calculate simple interest, learn about different types of credit, evaluate a credit card...