SIMPLE Interest Formula (How to Use It) Video

This video lesson will introduce students to the Simple Interest Formula, I=Prt. Interest, Principal, annual interest rate and time will all be defined and explained in a real world context. Exemplar problems will model how to find interest, how to find the principal, how to determine the interest rate and how to solve for time.

Teachers -

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00:00 - Introduction
00:44 - Vocabulary
02:16 - Simple Interest Formula
03:10 - Calculating Interest Using the Formula
04:27 - Finding the Balance
05:35 - Student Practice #1
06:36 - Finding the Annual Interest Rate
07:35 - Student Practice #2
08:32 - Finding the Time

7.RP.3 Use proportional relationships to solve multistep ratio and percent problems involving simple interest.

[RyleighMusser]

Thank you so much my math teacher didn’t explain this in this much detail! I finally get it

[vhahangwelebudeli]

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