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This Calculating Simple Interest lesson plan also includes:
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
Additional Tags
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