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

STRAND 4: Students will evaluate saving methods and investment strategies.

Standard 3: Discuss the risks and returns of investing.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Simple Interest
Demonstrate the time value of money using a compound interest calculator.

STRAND 5: Students will understand principles of personal money management, including budgeting and managing accounts, and the role and impact of credit on personal finance.

Standard 2: Describe and discuss the impact of credit and debt on personal money management.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Simple Interest
Understand and demonstrate simple interest calculations.
Calculate how long it takes to repay debt by making minimum payments on installment loans or revolving accounts.