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Simple Interest

Simple Interest

Worksheet • 30 min of learning
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Here's how Simple Interest aligns with curriculum standards in Massachusetts. Use the filters to change the location, set of standards, and grade level.

Standards
Defined by Personal Financial Literacy 9th-12th Grades and align with Simple Interest
HSS.ECON.T1.5: Predict how interest rates act as an incentive for savers and borrowers.
HSS.PFL.T2.2: Explain the relationship between principal (the initial amount of money deposited in a bank by a person), interest (the amount earned from a bank, usually annually), and compound interest (interest earned on the principal and the interest already earned).