2, Lesson 10, Unit 4, Grade 7, EngageNY icon
Instructional Activity

Example 1: Can Money Grow? A Look at Simple Interest

Lesson 10. Unit 4. Grade 7 EngageNY

EngageNY7 min(s)

This Instructional Activity is a part of the Lesson 10, Unit 4, Grade 7. Allow one calculator per group (or student) to aid with discovering the mathematical pattern from the table. Also, consider using a simpler percent value, such as 2% Students solve a simple interest problem to find the new balance of a savings account that earns interest. Begin class discussion by displaying and reading the following problem to the whole class.

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