Lesson Plan: Simple Interest | Nagwa Lesson Plan: Simple Interest | Nagwa

Lesson Plan: Simple Interest Mathematics

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This lesson plan includes the objectives, prerequisites, and exclusions of the lesson teaching students how to solve problems on simple interest.

Objectives

Students will be able to

  • calculate simple interest as the percentage of an amount,
  • calculate the amount of an investment after a given period of time by adding the capital and the amount of interest earned in the period of time,
  • find the simple interest rate given the amount of simple interest after a given period of time.

Prerequisites

Students should already be familiar with

  • calculating the percentage of an amount.

Exclusions

Students will not cover

  • compound interest.

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