Simple Interest Calculator Worksheet A In this game









- Slides: 9
Simple Interest – Calculator – Worksheet A In this game, students within groups work to get as close as possible to a target amount. Students could take multiple attempts to find a closest answer. A variety of rules could be used: Students could all use the same / different starting amounts 1 try, 2 tries or 3 tries allowed Switch starting amounts before trying again The worksheet is in 3 sizes.
Printing To print handouts from slides Select the slide from the left. Then click: File > Print > ‘Print Current Slide’ To print multiple slides Click on a section title to highlight all those slides, or press ‘Ctrl’ at the same time as selecting slides to highlight more than one. Then click: File > Print > ‘Print Selection’ To print double-sided handouts Highlight both slides before using ‘Print Selection’. Choose ‘Print on Both Sides’ and ‘Flip on Short Edge’.
Savings Target! How close can you get? 1) Choose your investment amount. 2) Decide! a) A yearly percentage interest (min. 2%, max. 30%) b) The years you will save for (min. 2 years). 3) Calculate your simple interest + your starting amount. The player closest to the Savings Target gets 1 point for every year they saved (max. 5 points). investment amount savings target A) 160 120 180 200 B) 220 140 260 300 C) 620 720 510 800 D) 710 680 470 750 E) 985 1280 1655 1800
Extension Savings Duel! Target Savings: £ 1420 Investment Amounts: £ 860 & £ 1020 I’ll start with £ 860 then! Challenge each other! One person chooses the savings target, one person chooses the investment amounts. The 1 st player chooses which investment amount they want first. Bonus! Decide how many years the other player has to invest for!
Savings Target! How close can you get? 1) Choose your investment amount. 2) Decide! a) A yearly percentage interest (min. 2%, max. 30%) b) The years you will save for (min. 2 years). 3) Calculate your simple interest + your starting amount. The player closest to the Savings Target gets 1 point for every year they saved (max. 5 points). 3 years of simple interest… investment amount A) B) C) D) E) 8% 22% 4% 160 120 180 12% 14% 5% 220 140 260 10% 4% 19% 620 720 510 2% 3% 20% 710 680 470 28% 14% 3% 985 1280 1655 savings target 200 300 800 750 1800
Savings Target! How close can you get? 1) Choose your investment amount. 2) Decide! a) A yearly percentage interest (min. 2%, max. 30%) b) The years you will save for (min. 2 years). 3) Calculate your simple interest + your starting amount. The player closest to the Savings Target gets 1 point for every year they saved (max. 5 points). investment amount How close can you get? The player closest to the Savings Target gets 1 point for every year they saved (max. 5 points). savings target investment amount savings target A) 160 120 180 200 B) 220 140 260 300 C) 620 720 510 800 D) 710 680 470 750 E) 985 1280 1655 1800
Questions? Comments? Suggestions? …or have you found a mistake!? Any feedback would be appreciated . Please feel free to email: tom@goteachmaths. co. uk