Simple Interest

Simple Interest

Worksheet • 30 min of learning

Here's how Simple Interest aligns with curriculum standards in Mississippi. Use the filters to change the location, set of standards, and grade level.

6: Saving and Investing

6.2: Analyze and apply concepts about simple and compound interest. DOK2

Standards
Defined by Personal Finance 9th-12th Grades and align with Simple Interest
a: Compare and contrast simple and compound interest and the impact each have on savings.

7: Using Credit

7.2: Research, discuss, and apply principles about loans. DOK2

Standards
Defined by Personal Finance 9th-12th Grades and align with Simple Interest
b: Explain how the amount of principal, the period of the loan, and the interest rate affect the amount of interest charged.
c: Calculate a payment schedule for a loan.