Friday, April 15, 2016

4/15 Lesson 7.1.8 Simple Interest

1.  Warm-up:  Math Checklist Quiz



2.  Revisit yesterday's essential question: A store owner believes he has found an easy way to get more customers without losing money.  He will be holding a 10% off sale on every item in his store.  But, before he opens his shop that day, he will increase the price of everything by 10%.  How will this affect the original price?


3.  Lesson 7.1.8 Simple Interest

Essential Question:  Which loan is a better deal:  A $1200 dollar loan with an interest rate of 4% charged weekly OR a $1500 loan with an interest rate of 11% charged monthly?

  • Introduction to Simple Interest
  • Problem 86 as Think-Pair-Share
  • Problem 87 and 88 in teams using Red Light, Green Light
    • Problem 88 d) and e) are Dojo Challenge Problems
  • Problem 89 is an additional Dojo Challenge
4.  Answer the Essential Question on an exit ticket.