Simple Interest

What you'll learn

1. Define simple interest and explain when it is used
2. Identify the principal, rate, and time in interest problems
3. Calculate simple interest using the formula
4. Calculate total amount (principal + interest)
5. Solve word problems involving simple interest
6. Apply simple interest concepts to real-life savings and lending situations
7. Solves problems involving interest
8. Effective communication
9. Problem-solving