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Excel Simple Interest Teaching Exercise (supports Google Sheets import)
The Excel Simple Interest Loan Teaching Exercise is an easy-to-use exercise designed to teach the way simple interest loans work and the effect different interest rates and of making extra payments on the loan. Included:Student instructions and exerciseAnswer keyTeaching spreadsheet (contains graphical view of data and the calculation of principal and interest allocation per payment) SpecificationsTemplate uses Microsoft Excel .xlsx and Microsoft Word .docx formatsNo macros are usedNo Excel add
9th - 12th, Adult Education
Business, Financial Literacy
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