2. Five-Minute Check (over Lesson 7–6) Then/Now New Vocabulary
Example 1: Find Simple Interest
Example 2: Real-World Example: Find the Interest Rate
Example 3: Find the Total Amount
Lesson Menu

3. Splash Screen

5. Objective:
SWBAT solve simple interest problems and apply the simple interest equation to real-world problems.
Then/Now

6. interest
simple interest
principal
Vocabulary

7. A. Find the simple interest for $2000 invested at 2.5% for 3 years.
Find Simple Interest
A. Find the simple interest for $2000 invested at 2.5% for 3 years.
Example 1A

8. B. Find the simple interest for $4500 invested at 4.25% for 24 months.
Find Simple Interest
B. Find the simple interest for $4500 invested at 4.25% for 24 months.
Example 1B

9. A. What is the simple interest for $3000 invested at 3.5% for 2 years?
B. $150
C. $210
D. $350 A B C D
Example 1A

10. B. What is the simple interest for $2500 invested at 2
B. What is the simple interest for $2500 invested at 2.75% for 48 months?
A. $137.50
B. $275
C. $302.75
D. $412.50 A B C D
Example 1B