See all 9th-12th Grades Standards
Simple Interest

Simple Interest

Worksheet • 30 min of learning
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Here's how Simple Interest aligns with curriculum standards in Alabama. Use the filters to change the location, set of standards, and grade level.

Personal Finance

Credit and Debt

19: Research and share information on credit options available to consumers. Examples: revolving, installment, open

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Simple Interest
c: Calculate the total cost of a loan.

Saving

22: Research and report on the benefits of savings.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Simple Interest
b: Calculate annual interest and annual yield on savings for various types of accounts. Examples: money market accounts, deposit savings accounts, 529 plans

23: Compare certificates of deposit, money markets, and savings accounts and identify the benefits and disadvantages of each.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Simple Interest
c: Explain the difference between simple and compound interest and calculate interest on a given amount of savings using each method.