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Module 4, Lesson 10
Simple Interest
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Do NowComplete Problem Set #5 from Lesson 8 (Page S.53)
Homework:1.) Problem Set 10 #1, 2, 3ab
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Investment Video
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S.58
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S.58
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What pattern(s) do you notice from the table?
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The interest earned can be found using an equation. How else can we represent the amount of interest earned other than an equation?
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S.59
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S.59
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S.60
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S.60
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Closing
1) Explain each variable of the simple interest formula.
I = Prt
2) What would be the value of the time for a twoyear period for a quarterly interest rate? Explain.
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