Personal Finance – 3/14/17

I.  Bellwork –

What is the interest on $15,000 for 1 year and 4 months at 8% interest?

Identify the :

  1. Principle
  2. Rate
  3. Time
  4. Interest

II.  Objectives:

  • Content OBJ: calculate simple interest by identifying its components, converting numbers and using the simple interest formula
  • Lang OBJ: explain how to calculate simple interest by identifying its components, converting numbers and using the simple interest formula

III.  Classwork on iLearn

  • 4.2 Calc Simple Int on iLearn
  • 4.3 Calc Simple Interest on iLearn


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