Monday, March 14, 2011

Teaching Simple Interest: Choosing The Best Deal

Teaching Simple Interest: 

I= prt

I =Interest, p = principle, r = interest rate (in decimal), t = time in years

Let's tell a story about a kid who wants to borrow $70.00. He has three choices to borrow the money, "mom and dad", "the bank" or "the loan shark"

Lets see who he chooses










4 comments:

quadratic formula calculator said...

Hey its the cutest and simple explanation of simple interest ever I had seen, good work.

Anonymous said...

love it!

Anonymous said...

Thanks for the videos, I will show them to some students today that cannot get simple interest.

radhicka naaik said...

awesome

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