Front of the
Room
Megail
Perkins
Austin
Miller
Victor
Willis
1st period seating chart
Today you will need:
Pencil
Calculator
Notebook
Automaticity Folder, Marker
and rag
o Homework
o
o
o
o
Robby
Duncan
Dayly
Dolan
Linda
McCoy
Rusty
Shadwell
Zac
Peerce
Austin
Flener
Paige
Moore
Chris
Liuzzi
Dylan
Clinton
Marc
Mcqueen
Branden
F.
Wayne
Ferguson
Corey
Weiss
Lea
Powell
Nolan
Johns
Allen
Henderson
Nancy
Bridget Paige
Kinder
SparkmanMoore
Jakob
Rich
Tori
Johnson
Dakota
Beavers
Jakob
Rich
Kassitti
Luckett
Dalton
Conn
Front of the
Room
Austin
Eitner
Destinee
Nevil
Jenna
Latta
Brooke
Horton
Mckenzie
Hasting
Paige
Moore
2nd period seating chart
Today you will need:
Pencil
Calculator
Notebook
Automaticity Folder, Marker
and rag
o Homework
o
o
o
o
Brennan
Seidt
Paige
Lyndon
Dylan
Philip
Glen
Steele Moore
beyer
Korfhage
Franks
Jacklyn
Vincent
Paige
Moore
Jordan
Drake
Corey
Weiss
Front of the
Room
3rd period seating chart
Today you will need:
Pencil
Calculator
Notebook
Automaticity Folder, Marker
and rag
o Homework
o
o
o
o
Junior
Leann
Patrick
Minor
Derek
Keeling
Kobe
Dennison
Paige
Dystany
Moore
Elzy
Candace
Dakota
Young
Paige
Moore
Austin PaigeJosh
Stephens Moore
Walls
Jesse
Walls
Summer
Young
Travis
Baugh
Christien
Owen
Lyndon
Steele
Dylan
Beyer
Jason
Brown
Zach B
Kyle
Colyer
Timmy
Deknikker
Paige
Smearman
Homework Check
12/6/13
Simple Interest
Page #
Learning Target - I can calculate simple
interest and find the total amount invested.
Example:
Loan
Parties
Lender
Lends the Principal
Borrower
Borrower OWES (Debt)
to Lender
Definition: Simple Interest
Interest paid (earned) on only the original
amount, or principal, borrowed (lent).
Four Elements are involved …
Interest
Amount
(paid or
received)
I
Principal
Principal Amount
(loan or investment)
P
Formula
6-7
Interest Rate
Annual Rate
of SI
r
I = Prt
Time
Time period
…expressed as a
fraction or a
multiple of a year
t
1.) Calculate the Interest earned
on $5000 invested at 4%
for 7 months. Then find your total balance.
I = Prt
7
12
2.) If you invested $200.00 in an account that
paid simple interest, find how long you’d need
to leave it in at 4% interest to make $10.00.
I=
Prt
3.) What would my final balance be if I put
$650 in the bank for 60 months with an
interest rate of 6 %?
I = Prt
Investment Formula
A = P(1 + rt)
Where:
A = Total Accrued Amount (principal + interest)
P = Principal Amount
r = Rate of Interest per year in decimal;
t = Time Period involved in months or years
4.) What would my final balance be if I put
$650 in the bank for 60 months with an
interest rate of 6 %?
A = P(1 + rt)
5.) What would my final balance be if I put
$2,300 in the bank for 9 years with an
interest rate of 7 %?
A = P(1 + rt)
6.) What would my final balance be if I put
$210 in the bank for 7 years with an
interest rate of 8 %?
A = P(1 + rt)