Reflection: Checks for Understanding Simple Interest - Understand Your Money! - Section 3: Summary + Homework

 

The purpose of this table discussion was really for me to determine if students noticed that the formula I = Prt is really the same as original x percent = new, then you multiply by the number of years you are looking for.  And in fact, kids did recognize that it is the same equation we have been working with :)  I heard a lot of "it's the same thing we've been doing" across the room.  It is really cool to see kids making connections, and in this case realizing that they do not have to learn a whole new equation makes them feel more at ease.

  Table Discussion Reflection
  Checks for Understanding: Table Discussion Reflection
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Simple Interest - Understand Your Money!

Unit 3: Percents
Lesson 18 of 21

Objective: Students will be able to calculate simple interest.

Big Idea: What do you mean I have to pay an extra $500, I only borrowed $400! This lesson gives kids an insight into the concept of simple interest.

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14 teachers like this lesson
Subject(s):
Math, Number Sense and Operations, simple interest, 7th grade
  60 minutes
2013 04 16 13 25 27
 
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