Description
Description:
Student Tasks in Google Slides and Easel about applying the rearranged simple interest formulas to solve problems involving investing and borrowing money
Task 1: 10 Questions
Task 2: 5 Questions
Task 3: 10 Questions
Level of Difficulty: Advanced
Grades: 9th to 12th
Learning Outcomes:
· Recognise the rearranged simple interest formulas where
I is the interest, P is the principal, R is the annual interest rate, T is the number of periods (years, months, etc) and A is the final amount
· Apply the rearranged simple interest formulas to solve problems involving investing and borrowing money
· Selects and uses appropriate strategies to solve problems
Prior Knowledge:
Students should have already studied decimals and percentage.
Also suitable for Australian Curriculum
Solve problems involving simple interest (ACMNA211)
apply percentage increase or decrease in various contexts; for example, determining the impact of inflation on costs and wages over time, calculating percentage mark-ups and discounts, calculating GST, calculating profit or loss in absolute and percentage terms, and calculating simple and compound interest (ACMGM006)
You may also like:
FM2: Rearranging The Simple Interest Formulas
FM2: Solving Financial Problems Using The Rearranged Simple Interest Formulas (Worksheets)
Financial Literacy-Financial Math-Using Rearranged Simple Interest Formulas
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Description
Description:
Student Tasks in Google Slides and Easel about applying the rearranged simple interest formulas to solve problems involving investing and borrowing money
Task 1: 10 Questions
Task 2: 5 Questions
Task 3: 10 Questions
Level of Difficulty: Advanced
Grades: 9th to 12th
Learning Outcomes:
· Recognise the rearranged simple interest formulas where
I is the interest, P is the principal, R is the annual interest rate, T is the number of periods (years, months, etc) and A is the final amount
· Apply the rearranged simple interest formulas to solve problems involving investing and borrowing money
· Selects and uses appropriate strategies to solve problems
Prior Knowledge:
Students should have already studied decimals and percentage.
Also suitable for Australian Curriculum
Solve problems involving simple interest (ACMNA211)
apply percentage increase or decrease in various contexts; for example, determining the impact of inflation on costs and wages over time, calculating percentage mark-ups and discounts, calculating GST, calculating profit or loss in absolute and percentage terms, and calculating simple and compound interest (ACMGM006)
You may also like:
FM2: Rearranging The Simple Interest Formulas
FM2: Solving Financial Problems Using The Rearranged Simple Interest Formulas (Worksheets)
