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Lesson Plan

Illustrative Mathematics: F Le Interesting Interest Rates

Curated by ACT

For this task, students work with simple and compound interest rates to determine which bank offers the best return on a deposit. Aligns with F-LE.A.1.

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CCSS: Designed
Concepts
simple interest, interest, interest rates
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Additional Tags
compound interest rate, cc by-nc-sa 4.0, creative commons attribution-noncommercial-sharealike 4.0, f-le.a.1, illustrative mathematics, interesting interest rates
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional|practice