Personal Finance – 3/13/17
I. Bellwork
A. Convert the times given below to years. Round to the third decimal place, if necessary.
- 50 weeks
- 8 months
- 1 year and 1 month
- 70 days based upon 360 day year
- 55 days based upon a 365 day year
II. Objectives:
- Content OBJ: calculate simple interest by converting time and using the simple interest formula
- Lang OBJ: explain how to convert time and apply the simple interest formula
- Analyze and interpret financial information from source documents to record transitions
III. Discussion
IV. Notebook
- Copy formula & Practice problems
V. Classwork
- H&R Block Pay Bills and Record Transactions
- iLearn Determining Time
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