Council for Economic Education
Calculating Simple Interest
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.
Curated OER
Calculating Simple Interest
In this math activity, students investigate the concept of paying interest on a loan. Students read 10 problems where they look at a picture of something they are going to buy at a certain price and interest rate. Students calculate the...
Houghton Mifflin Harcourt
Simple and Compound Interest
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...
Curated OER
Simple Interest
In this simple interest worksheet, students calculate the interest, price, rate, and time for word problems. Students complete 3 problems total.
SaveandInvest.org
Introduction to Earning Interest: Middle School
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...
Curated OER
Calculating Interest
For 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...
Curated OER
M&M Interesting
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...
Curated OER
Introduction to Earning Interest: What are APR and APY?
Students 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. ...
Curated OER
Calculating Interest
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...
Curated OER
Data Analysis: Investing is an "Interesting" Experience
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.
EngageNY
End-of-Module Assessment Task: Grade 7 Mathematics Module 4
Asses the class to determine their knowledge of proportional relationships involving percents. Class members work through the nine-question assessment with a variety of percent problems. The multi-step problems involve simple interest,...
University of Missouri
Money Math
Young mathematicians put their skills to the test in the real world during this four-lesson consumer math unit. Whether they are learning how compound interest can make them millionaires, calculating the cost of remodeling their bedroom,...
Concord Consortium
Smart Money
Watch the money grow daily. Scholars tackle a problem to determine how much money they will have if a dollar grows at 10 percent compounded daily after a month. Using that knowledge, learners notice the difference between varying savings...
Curated OER
Solving Problems Using Interest
In this math worksheet, students look for the solutions to the problems using interest. Then they calculate the new principal after adding the interest.
Curated OER
Time Value of Money- Compound Interest
Students study the concept of compound interest as it relates to the time value of money.
Central New Mexico Community College
Percent Word Problems
Take young mathematicians' understanding of percents into the real world with this series of word problems. Involving a variety of contexts from calculating scores on math tests and savings account interest, to determining sale prices...
Curated OER
How Do You Double Your Money?
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.
Curated OER
Financial News
In this financial word problems worksheet, students solve word problems involving decimals, interest, multiplication, and more. Students complete 7 problems.
Achieve
False Positives
The test may say you have cancer, but sometimes the test is wrong. The provided task asks learners to analyze cancer statistics for a fictitious town. Given the rate of false positives, they interpret the meaning of this value in the...
Curated OER
Thinking About Credit
Students explore the concept of credit. In this credit lesson, students discuss what it means to buy items using credit. Students discuss how interest accrues and how much is really being paid with a credit card. Students calculate...
Noyce Foundation
Lawn Mowing
This is how long we mow the lawn together. The assessment requires the class to work with combining ratios and proportional reasoning. Pupils determine the unit rate of mowers and calculate the time required to mow a lawn if they work...
Noyce Foundation
Mixing Paints
Let's paint the town equal parts yellow and violet, or simply brown. Pupils calculate the amount of blue and red paint needed to make six quarts of brown paint. Individuals then explain how they determined the percentage of the brown...
Federal Reserve Bank
Lesson 3: A Fresh Start
The members of your economics class may be busy earning graduation credits, but the credit they should be concerned about is their financial credit. The third lesson in a unit about Hurricane Katrina and other events that can result in...
Curated OER
Transforming Food Energy: A Balancing Act
Students explain their role as consumers. They use a purchased calorimeter or make their own simple calorimeter to measure the energy content in selected foods. This interesting instructional activity really gets students thinking about...