# Calculating Simple Interest

In this math instructional 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 interest and the total yearly cost including interest to have that loan. Students also complete a chart where they convert fractions to decimals and percentages. Students investigate a table showing shipping taxes and solve 5 problems.

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