We found 64 resources with the concept simple interest
Calculating Simple Interest
6th - 12th CCSS: Designed
New ReviewNeed to buy a car? I=PRT is what it takes to get there! Scholars investigate the concept of simple interest when borrowing from a bank. They analyze and compute Principal (P), Time (T), and Rate (R), to understand the extra money people...
Tax, Commissions, Fees, and Other Real-World Percent Problems
7th CCSS: Designed
Pupils work several real-world problems that use percents in the 11th portion of a 20-part series. The problems contain percents involved with taxes, commissions, discounts, tips, fees, and interest. Scholars use the equations formed for...
Introduction to Earning Interest: Middle School
6th - 8th CCSS: Adaptable
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...
Introduction to Earning Interest: Grades 11-12
11th - 12th CCSS: Adaptable
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...
Why Do Banks Pay YOU to Provide Their Services?
9th - 10th CCSS: Designed
How does a bank make money? That is the question at the based of a lesson that explores the methods banks use to calculate interest. Groups compare the linear simple interest pattern with the exponential compound interest pattern.
Calculate Simple Interest Using the Simple Interest Equation
6 mins 6th - 8th CCSS: Designed
Recommended after watching the prior videos in the series, this video builds on the percent change equation to create a simple interest equation. The problem is set up as a proportion and then is cross multiplied to create an equation...
What is the Formula for Compound Interest?
8 mins 9th - 11th
View this tutorial for more than just a description of the formula for compound interest! An instructor goes through a problem, showing how to find simple interest and compound interest. After she completes each version, she explains the...