Math Mammoth: A Beginner Lesson on How to Calculate Simple Interest

An interesting lesson helps young financial wizards determine the amount of money earned via interest. The resource introduces the concept of simple interest to show how money can grow. Pupils use their knowledge of percents to solve...

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...

In this math worksheet, 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...

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.

View this tutorial for more than just a description of the formula for compound interest! An instructor goes through a problem, showing how to find simple interest and compound interest. After she completes each version, she explains the...

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...

I=prt is the formula for simple interest. What does each variable represent? I =interest, p =amount originally invested, r =rate of interest (usually in percent), t =time. Now all you have to do is plug in the numbers and do the...

Mathematicians manipulate a mountain of money to solve six questions about simple interest. Question types include several multiple-choice and one discussion. 

Your algebra learners will pick up some solid algebra problem solving skills and a plan of approach for some typical types of word problems in this scripted learning exercise that shows how to set up and organize each type of...

I=prt is the formula for interest. What does each variable represent? I =interest, p =amount originally invested, r =rate of interest (usually in percent), t =time. Now all you have to do is plug in the numbers and do the calculations.