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# SIMPLE INTEREST: What Are My Monthly Payments? End of Year FUN!

Subjects
5th, 6th, 7th, 8th, 9th
Resource Types
Common Core Standards
Product Rating
4.0
File Type
Compressed Zip File
How to unzip files.
16.35 MB   |   45 pages

### PRODUCT DESCRIPTION

Interest = (Principal)(Rate)(Time)

This is a simple formula for simple interest! The common core standards puts this skill in 7th grade (7.RP.A.3), but students that have a handle on basic percent and substituting for variables can do this and have FUN! I use it in 8th grade for a great end of year project that the kids love to do, it fills at least three days, and makes a great bulletin board. The lesson can easily be simplified for younger students or beefed up for high schoolers.

The file contains:

*** 32 slide PowerPoint presentation with examples, videos, brain breaks, practice, reflection/ higher thinking questions, and real world applications

*** 3 pages of guided notes so the students can easily follow along with the presentation

*** 1 Peer Review Record Sheet to allow students to critique other student's work

*** 12 Question Quiz Standardized Multiple Choice Questions with key

*** 2 page Practice sheet for independent work or homework. The questions are short answers with student justification required. The questions range from easy percent to more difficult challenging questions.

*** 1 page instructions/rubric/guidelines for students during project completion. I usually add this to the back of the guided notes.

*** Ticket Out the Door handout to go along with PowerPoint lesson

Your students will love this lesson! It is one that will really stick with them, and it's a challenging, real-world application!! Sometimes I do this during the first quarter of 8th grade - it gives me a real insight into where the kids are AND I have a captive audience. It really sets the stage for great things!

Topics Covered:
Percent
Proportions
Application of Percent
Time conversions
Simple Interest
Substitution
Percent-Decimal Conversions
Sales Tax
Mortgage
Monthly Distributions

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Total Pages
45
Included
Teaching Duration
3 Days

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