Calculating Simple Interest

New Review

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.

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CCSS: Adaptable
Instructional Ideas

  • Research to find when calculating simple interest is appropriate
Classroom Considerations

  • Pupils should be comfortable multiplying with decimals and converting fractions to decimals
  • The second video solves the simple interest formula for all four variables, which may be too advanced for some
Pros

  • Includes an answer key
  • Provides practice in converting the number of days to a fraction of a year
Cons

  • Contains a Pencast that does not load
Common Core