What is the Formula for Simple Interest?

Mary, Mary, quite continuously, how does your money grow? Uses examples to examine the difference between simple interest and compound interest, and to take a look at different rates of compounding. Learners explore what would happen as...

This turn-key unit on ratios and unit rates walks through a 30-lesson unit on teaching proportional reasoning, with each lesson broken into detailed teaching notes and time allotments for all parts. An unbelievable resource when taken...

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...

Here is a simple tutorial on the difference between simple and compound interest. In it, Sal describes what interest is, defines the vocabulary of principle and interest rate. He also models year-by-year the amount of money owed under...

Another example of simple interest and compound interest (compounded yearly) is explored in this video.

Going deeper into the concept of the Federal Funds Rate, this video guides viewers through the process of inter-bank lending, much like the previous video (Banking 14). Sal's easygoing approach is simple to understand and fun to watch.

This AAA Math lesson contains an explanation of simple interest and the formula for calculating simple interest. Links to practice problems and learning games.

Interest can be both a best friend and an enemy...show your learners how it can manifest through this set of 10 word problems. For each, they calculate time, principle, interest, or rate and choose an answer from multiple choice...

Money, money, money. Love it! You want to earn interest on what you put into your bank account. So you make an investment to earn compound interest and you want to know how much money you will have in 60 months. Well, there's a formula...

Use a KWL chart and discussion to explore the concept behind loans with interest based on percentage rates. Learners examine different types of interest, the history of interest loans and calculate the costs of a loan over a ten-year...