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Simple Interest Lesson PlanSimple Interest Lesson Plan
Publisher
EngageNY
Resource Details
Curator Rating
Educator Rating
Not yet Rated
Grade
7th
Subjects
Math
1 more...
Resource Type
Lesson Plans
Audience
For Teacher Use
Duration
45 mins
Instructional Strategies
Collaborative Learning
4 more...
Year
2015
Usage Permissions
Creative Commons
BY-NC-SA: 3.0
cc
Language
English, Spanish, Chinese, Haitian, Creole, Other
Lesson Plan

Simple Interest

Curated and Reviewed by Lesson Planet
This Simple Interest lesson plan also includes:
  • EngageNY Resources (.html)
  • Grade 7 Module 4, Topic B, Lesson 10: Student Materials (.pdf)
  • Grade 7 Module 4, Topic B, Lesson 10: Student Materials (.docx)
  • Grade 7 Module 4, Topic B: Overview (.pdf)
  • Grade 7 Module 4, Topic B: Overview (.docx)
  • Grade 7 Module 4: Overview (.pdf)
  • Grade 7 Module 4: Overview (.docx)
  • Grade 7 Module 4: Mid Module Assessment (.pdf)
  • Grade 7 Module 4: Mid Module Assessment (.docx)
  • Grade 7 Module 4: End of Module Assessment (.pdf)
  • Grade 7 Module 4: End of Module Assessment (.docx)
  • Grade 7 Module 4: Copy Ready Materials (.pdf)
  • Grade 7 Module 4: Student Materials (.pdf)
  • Grade 7 Module 4: Teacher Materials (.pdf)
  • EngageNY Math: Translated Modules (.pdf)
  • Grade 7 Module 4, Topic B, Lesson 10: Bengali (.pdf)
  • Grade 7 Module 4, Topic B, Lesson 10: Bengali (.docx)
  • Grade 7 Module 4, Topic B, Lesson 10: Haitian Creole (.pdf)
  • Grade 7 Module 4, Topic B, Lesson 10: Haitian Creole (.docx)
  • Grade 7 Module 4, Topic B, Lesson 10: Simplified Chinese (.pdf)
  • Grade 7 Module 4, Topic B, Lesson 10: Simplified Chinese (.docx)
  • Grade 7 Module 4, Topic B, Lesson 10: Spanish (.pdf)
  • Grade 7 Module 4, Topic B, Lesson 10: Spanish (.docx)
  • Grade 7 Module 4, Topic B, Lesson 10: Traditional Chinese (.pdf)
  • Grade 7 Module 4, Topic B, Lesson 10: Traditional Chinese (.docx)
  • Join to access all included materials

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 simple interest problems using the formula.

93 Views 53 Downloads
CCSS: Designed

Concepts

interest, interest rates, simple interest, percents, converting percents to decimals

Additional Tags

math

Instructional Ideas

  • Invite an accountant to talk to the class about the different ways interest is calculated; be sure to concentrate on simple interest

Classroom Considerations

  • The class should know how to solve simple percent problems
  • Classmates need to be able to graph on the coordinate plane
  • 10th in a 20-part series

Pros

  • Contains a timed activity to assist with fluency
  • Includes suggestions for struggling individuals

Cons

  • None

Common Core

7.RP.A.3 7.EE.B.3 MP1

View 18,313 other resources for 7th Grade Math

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