Curated OER
What Is the Federal Reserve?
Students examine simple bank transactions. In this banking lesson, students analyze banking transactions such as deposits, loans, and how they hold reserves. They participate in simulations of the process of clearing a check and the...
Curated OER
Calculating A Car Payment
Students choose a car from an Internet used car dealer and then calculate their monthly payment. All the necessary resources and formulas are provided. This is a simple, but practical and effective, lesson plan for a math or life skills...
Curated OER
Debt
Fourth graders read a book about debt, credit, and interest rates and write a story about these topics. In this debt and credit activity, 4th graders read the book Four Dollars and Fifty Cents, define the terms "debt" and "credit," and...
Curated OER
START QUILTING
Students use Start Quilting with Alex Anderson, 2nd Edition to make five simple wall hangings, each exploring different basic piecing techniques. A sampler quilt at the end of the book combines all the basic blocks from the preceding...
EngageNY
Credit Cards
Teach adolescents to use credit responsibly. The 32nd installment of a 35-part module covers how to calculate credit card payments using a geometric series. It teaches terminology and concepts necessary to understand credit card debt.
Curated OER
Political Advertisements
Students are shown how to analyze the messages and the impact of the candidates' politicial adertisements in print, video, and audio formats. They are shown the techniques that candidates use to influence voter decisions and how to...
Curated OER
Thinking About Credit
Middle schoolers examine the use of credit such as installment purchases and credit cards. In this credit instructional activity, students learn the vocabulary associated with credit usage such as mortgage, credit report/score, and debit...
Illustrative Mathematics
Combined Fuel Efficiency
Practice simplifying complex fractions and long division of polynomials with this brief exercise. These four questions make a challenging warm-up activity or a short, but comprehensive, follow-up after a detailed lesson on algebraic...
Curated OER
Opening A Bank Account
Young scholars identify the different types of accounts offered by local banks. Students review and define appropriate banking terms when opening an account. Working in pairs, young scholars role play the proper way to open an account....
Curated OER
Intermediate Sentence Completion Exercise 36
In this online interactive grammar skills worksheet, students examine 10 sentences that are missing words and select the appropriate words to complete each of the sentences and match them to the sentences. Student answers are...
Curated OER
Sizes, Sizes, Choosing the Largest and Smallest
In this size comparison worksheet, students examine 4 rows of black and white clip art pictures. They draw an X on the largest picture and a circle around the smallest picture.
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, learners 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, students will complete a KWL chart about the purchase of a...
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...