Lessons tagged with "interest-rate"

This number sense lesson focuses on calculating the amount of interest earned. The lesson includes research-based strategies and strategic questions that prepare students for assessments. In this lesson, students write the known values for the interest formula by converting the rate (percent) to a decimal and the time/term (t) to years, if needed. Then, they substitute the known values in the formula and solve simple interest. Finally, they interpret the answer in a complete sentence. In addition to the lesson, there are four pages of Independent Practice and review with questions modeled after current adaptive testing items.