Students solve interest problems for bank accounts and loans to gain real life experience. They also review newspapers and find a car they wish to purchase then are given a rate and time of loan.
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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...
6th - 8th Math CCSS: Adaptable
Calculating Probabilities of Compound Events
Use tree diagrams with multiple branches to calculate the probabilities of compound events. Pupils use tree diagrams to find the sample space for probability problems and use them to determine the probability of compound events in the...
7th Math CCSS: Designed
Business Management and Administration: Compound Interest - A Millionaire's Best Friend
Many math concepts are covered through this resource: percentages, decimals, ratios, exponential functions, graphing, rounding, order of operations, estimation, and solving equations. Colorful worksheets and a link to a Google search for...
6th - 12th Math CCSS: Designed
Calculate Simple Interest Using the Simple Interest Equation
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...
6 mins 6th - 8th Math CCSS: Designed