Day 38

Lesson Objectives

  • Understand how to calculate simple and compound interest

Assignment BAU4.3

  1. Make a copy of this document and rename it Simple Interest-(Your Initials).
  2. Read through the document and complete the tables and questions within.  Use this Simple Interest Audit to check your answers. (You can retake this audit as many times as you’d like until you get them all correct)
  3. Make a copy of this document and rename it Compound Interest-(Your Initials).
  4. Read through the document and complete the table and questions within.  Use this Compound Interest Audit to check your answers.  (You can retake this audit as many times as you’d like until you get them all correct)

Assignment BAU4.4

  1. After completing the assigned tasks in Lesson 4 above, share your Lesson 4 folder with your teacher.  Here are the files that should be in your Lesson 4 folder:
    • Doubling Your Money
    • Banking Technology
    • Simple Interest
    • Compound Interest

Lesson 4 Quiz-BAU

  1. Complete the Lesson 4 Quiz for the Banking Unit.