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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 Washington. Use the filters to change the location, set of standards, and grade level.

7.CD: Credit and Debt

Analyze the costs and benefits of various types of credit.

Standards
Defined by State Learning Standards: Financial Education 7th Grade and align with Simple Interest
2: Explain how the interest rate, compounding frequency, and loan length affect the cost of using credit.
3: Compare the total cost of repaying a loan under various rates of interest and over different periods.