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Simple and Compound Interest (Guided Notes and Assessments)

Simple and Compound Interest (Guided Notes and Assessments)
Simple and Compound Interest (Guided Notes and Assessments)
Simple and Compound Interest (Guided Notes and Assessments)
Simple and Compound Interest (Guided Notes and Assessments)
Simple and Compound Interest (Guided Notes and Assessments)
Simple and Compound Interest (Guided Notes and Assessments)
Simple and Compound Interest (Guided Notes and Assessments)
Simple and Compound Interest (Guided Notes and Assessments)
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3 MB|9 pages
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This 2-day lesson includes 6 pages of guided notes, a 1-page assignment, and a 2-page assignment.

This lesson works well in both pre-algebra and algebra classes. The goal for part 1 is to understand the process of simple and compound interest, so students will use more of a step-by-step approach. But in part 2 they discover formulas and why we need them.


Students learn about simple and compound interest in the order below. They will:

- Learn important vocabulary

- Solve simple interest problems in two steps (finding the interest amount and then adding it to the original)

- Learn the difference between simple and compound interest

- Solve compound interest problems with a year-by-year approach

- On day 2, discover and use the annual compound interest formula

- Discover and use the annual simple interest formula

* Part 2 works well as an intro into linear vs. exponential relationships


Answer key is included!
Total Pages
9 pages
Answer Key
Included
Teaching Duration
2 days
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