Calculating a Simple Interest in Financial Mathematics

              Calculating a Simple Interest in Financial Mathematics

              Students learn how to calculate a simple interest over a period of time.

              Later, as learning progresses from calculating a simple interest to finding the principal amount, duration, and interest rate when the simple interest is known.

              Differentiated Learning Objectives
              • All students should be able to calculate a simple interest for 1 year.
              • Most students should be able to calculate a simple interest paid over time.
              • Some students should be able to work out the rate of simple interest.
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