Simple Interest

Simple Interest

Worksheet • 30 min of learning

Here's how Simple Interest aligns with curriculum standards in Mississippi. Use the filters to change the location, set of standards, and grade level.

Mississippi Personal Finance Standards (2022)

6: Saving and Investing

6.2: Analyze and apply concepts about simple and compound interest. DOK2

Standards
Defined by Personal Finance 9th-12th Grades and align with Simple Interest
a: Compare and contrast simple and compound interest and the impact each have on savings.

7: Using Credit

7.2: Research, discuss, and apply principles about loans. DOK2

Standards
Defined by Personal Finance 9th-12th Grades and align with Simple Interest
b: Explain how the amount of principal, the period of the loan, and the interest rate affect the amount of interest charged.
c: Calculate a payment schedule for a loan.