Personal Finance – 3/15/17
I. Bellwork:
A. Show your work
- What is the interest at 7% on $3,500 for 20 days using a 360-day year?
- What is the interest at 7% on $3,500 for 3 years and 3 months?
II. Objectives:
- Content OBJ: calculate simple interest using the simple interest formula
- Lang OBJ: explain how to calculate simple interest by converting number and using the simple interest formula
III. Notebook
- Solving for P
- Solving for r
- Solving for t
IV. Classwork
- 2.4.2 Calc Simple Interest on iLearn
- 2.4.3 Calc Simple Interest on iLearn
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