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
Hey its the cutest and simple explanation of simple interest ever I had seen, good work.
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ReplyDeleteThanks for the videos, I will show them to some students today that cannot get simple interest.
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