The Business of Interest
The Business of Interest
Description:
In this lesson, students will develop an understanding of interest, learn how to calculate interest on loans, and comprehend that interest is added onto the principal of the loan and can necessitate additional income for repayment.
Education Levels:
7, 8, 9, 10, 11, 12
Subject:
Applied Mathematics, Economics
Resource Type:
Lesson plan
Fee Status:
Free
Online provider:
Educational Broadcasting Corporation
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