Simple Interest

Simple Interest

Worksheet • 30 min of learning

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

Theme 3: Saving

Content Standards: Students will know that...

Standards
Defined by Senate Concurrent Resolution No. 66 9th-12th Grades and align with Simple Interest
3.: Compound interest is interest on both the original principal and previously earned interest, as compared to simple interest which is only interest on the original principal.
4.: Financial institutions offer several types of savings accounts, including regular savings, money market accounts, and certificates of deposit (CDs), that differ in minimum deposits, rates, and deposit insurance coverage.

Sample learning outcomes: Students will use this knowledge to...

Standards
Defined by Senate Concurrent Resolution No. 66 9th-12th Grades and align with Simple Interest
Compare the features of regular savings accounts, money market accounts, and CDs.