TEACHING AND LEARNING INTEREST
- MONEY WORKSHEET - LESSON PLAN
INTEREST RATES |
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A worksheet lesson introducing students to earning
interest.
LESSON LEARNED
Interest introduction.
How banks pay interest as a payment for a
deposit. |
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OTHER SKILLS
REINFORCED
Math - Addition
Multiplication
Percentages
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SUGGESTED
GRADE LEVELS
4+
Worksheet is customizable for multiple levels.
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Suggested Money Lesson Plan
for this Worksheet
Give students a lesson on interest and bank
savings accounts. Explain why people deposit money at banks and
other financial institutions.
Saving money at a bank or other institution
that takes deposits allows you to store your money with someone else. The
money that you earn for doing this is called Interest. Interest is a percentage of the amount you
have on deposit that you get on an annual, monthly or quarterly basis, as a
payment for allowing them to hold your money, and use it to lend to others. The more money you deposit, and the longer you
keep the money deposited, the more interest you will
earn, and the larger your account balance will grow. |
WORKSHEET Instructions
This worksheet is an introduction to earning
interest. Students need to fill in the table with the missing
values for each of the years. Also answer
the question at the end of the table.
This is a random worksheet. You
may choose a standard worksheet or customize the worksheet to your
teaching needs.
To customize the worksheet, you have several
choices (see below). You may
customize this worksheet with the names of your students, or use
random names, or mix student names with random names.
Make your selections, then press "Get
Worksheet." |
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WORKSHEET
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You may come back to these worksheet links more
than once if your
students are having trouble mastering this
concept, since
these are RANDOM worksheets. Every time you choose the
link (or press "refresh" on your browser) a NEW worksheet will be
generated.
Introduction to Earning Interest |