Description
This colorful, hand-drawn anchor chart introduces the concept of simple interest in a clear and engaging way. It features a bold, eye-catching title with playful visuals such as money bags, coins, arrows, and stars to capture attention. The chart clearly explains that simple interest is money earned or paid only on the original principal.
The formula I = P × R × T is highlighted in a decorative box, with each variable defined in student-friendly language:
- P (Principal): starting amount of money
- R (Rate): interest rate written as a decimal
- T (Time): number of years
A reminder section emphasizes converting percentages into decimals (e.g., 5% = 0.05), helping students avoid common mistakes. The chart also includes a worked example that shows step-by-step how to calculate simple interest, making the process easy to follow.
Bright colors, labeled sections, and visual icons make the chart both visually appealing and educational, supporting student understanding and retention of the concept.
Highlights
Description
This colorful, hand-drawn anchor chart introduces the concept of simple interest in a clear and engaging way. It features a bold, eye-catching title with playful visuals such as money bags, coins, arrows, and stars to capture attention. The chart clearly explains that simple interest is money earned or paid only on the original principal.
The formula I = P × R × T is highlighted in a decorative box, with each variable defined in student-friendly language:
- P (Principal): starting amount of money
- R (Rate): interest rate written as a decimal
- T (Time): number of years
A reminder section emphasizes converting percentages into decimals (e.g., 5% = 0.05), helping students avoid common mistakes. The chart also includes a worked example that shows step-by-step how to calculate simple interest, making the process easy to follow.
Bright colors, labeled sections, and visual icons make the chart both visually appealing and educational, supporting student understanding and retention of the concept.


