Curated and Reviewed by
Lesson Planet
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.
75 Views
55 Downloads
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