
Simple Interest
Presentation
•
Mathematics
•
9th - 12th Grade
•
Easy
Standards-aligned
Helen Barcebal
Used 2+ times
FREE Resource
18 Slides • 12 Questions
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Question #1
Ivan deposits $5,000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 3 years?
6
Dropdown
What is the principle?
What is the rate?
What is the time?
7
Math Response
Ivan deposits $5,000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 3 years?
8
Drag and Drop
I = P⋅r⋅t
= (
9
Math Response
Maria deposits $300 into an account that pays simple interest at a rate of 6% per year. How much interest will she be paid in the first 5 years?
10
Match
Jessica borrowed $500 from a bank for 2 years and was charged simple interest. The total interest that she paid on the loan was $70. As a percentage, what was the annual interest rate of her loan?
Match the following
500
2
Unknown
70
Principle (P)
time (t)
rate (r)
Interest (I)
Principle (P)
time (t)
rate (r)
Interest (I)
11
Math Response
Jessica borrowed $500 from a bank for 2 years and was charged simple interest. The total interest that she paid on the loan was $70. As a percentage, what was the annual interest rate of her loan?
12
Math Response
Felipe invested in a savings bond for 6 years and was paid simple interest at an annual rate of 3%. The total interest that he earned was $540. How much did he invest?
13
Math Response
Chris borrowed $8,000 from a lender that charged simple interest at an annual rate of 7%. When Chris paid off the loan, he paid $1,680 in interest. How long was the loan for, in years?
14
Math Response
To be able to go on a trip to South America, Ann decides to save for 4 years. She opens a savings account with $300. The account pays simple interest at an annual rate of 5%. She doesn't make any more deposits. What will the total amount in the account be (including interest)?
15
Math Response
Josh deposits $5,000 into an account that pays simple interest at an annual rate of . He does not make any more deposits. He makes no withdrawals until the end of years when he withdraws all the money. What will the total amount in the account be (including interest)?
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Open Ended
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Draw
How many years will it take for the manufacturer to reach his goal?
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