Alabama Learning Exchange
Alex: What Is Simple and Compound Interest?
Students will learn how simple and compound interest is figured and why it is important to maintain a savings account. Students will calculate compound interest to identify benefits of saving in interest-bearing savings accounts. They...
Illustrative Mathematics
Illustrative Mathematics: F Le Interesting Interest Rates
For this task, learners work with simple and compound interest rates to determine which bank offers the best return on a deposit. Aligns with F-LE.A.1.
Texas Instruments
Texas Instruments: That's Interesting!
In this activity, students compare simple and compound interest in graph form. By doing this students will gain insight into interest and interest formulas, exponential and linear growth, and real world investment strategies.
University of Nebraska Omaha
Ec Ed Web: M&m Interesting [Pdf]
This site from the University of Omaha provides a lesson plan indicated for 6-8th grades. "During this lesson, students use the economic concepts of trade-offs and opportunity costs to decide between savings accounts with simple interest...
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.
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.
Council for Economic Education
Econ Ed Link: What's My Interest?
Students explore the concept of interest by means of two activities. The first, a simple activity with jellybeans, introduces the concept of interest accruement, and the second, a practical, "real world" activity, reinforces the concept...
CK-12 Foundation
Ck 12: Analysis: Simple and Compound Interest
[Free Registration/Login may be required to access all resource tools.] Students solve real-world problems involving simple and compound interest. Students examine guided notes, review guided practice, watch instructional videos and...
Better Lesson
Better Lesson: Rewriting Formulas
In this instructional activity, students explore "real-life" resources that make use of literal equations (rewriting known formulas) to help make people's lives easier. Students will use Excel to design formulas that find a specific...
Varsity Tutors
Varsity Tutors: Hotmath: Practice Problems: Percents 1
Twenty-five problems present a variety of percent topics: percents as fractions, improper, and mixed numbers, percents as decimals, simple interest, and percent of increase/decrease. They are given with each step to the solution cleverly...
Science Education Resource Center at Carleton College
Serc: Simple vs. Compound Interest Spreadsheeting the Difference
A lesson plan that includes a PowerPoint learning module for learners. The goal of the lesson plan is to learn the difference between simple and compound interest and to use the functions in Excel to perform the calculations and graph...
National Council of Teachers of Mathematics
The Math Forum: Ask Dr. Math; Interest
This Math Forum site gives links students' inquiries involving calculating both simple and compound interest for a variety of situations.
University of Toronto (Canada)
Answers and Explanations Simple and Compound Interest
If a bank account produces "simple interest", the interest is paid directly and does not become part of the account's interest-bearing balance. That balance remains constant, and it's easy to figure out how much money you earn. This site...
National Council of Teachers of Mathematics
The Math Forum: Ask Dr. Math: Interest: Definitions
This site gives an explanation of compound interest and explains how to use it.
Howard Hughes Medical Institute
Hhmi: Simple Chemical Switches Steer Migrating Neuron
Page is describing the chemistry that drives the direction of neuron growth in developing nervous systems. Interesting background to knowledge of neuron growth and neurons in general.
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...
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