A Penny Saved Is a Penny Earned…With Interest

  Classroom Resource Information  

Title:

 A Penny Saved Is a Penny Earned…With Interest

URL:

 https://www.econedlink.org/resources/a-penny-saved-is-a-penny-at-4-7-earned/

Content Source:

 EconEdLink
Type: Lesson/Unit Plan

Overview:

In this economics and personal finance lesson plan, students will make decisions about saving and spending. Students will practice calculating interest and creating a budget to practice their mathematics and financial literacy skills. 

Content Standard(s):
Mathematics
MA2019 (2019)
Grade: 7
3. Solve multi-step percent problems in context using proportional reasoning, including simple interest, tax, gratuities, commissions, fees, markups and markdowns, percent increase, and percent decrease.
Alabama Alternate Achievement Standards
AAS Standard:
M.AAS.7.3 Calculate 10%, 20%, 25%, and 50% of a number up to 100.
Mathematics
MA2019 (2019)
Grade: 7
Accelerated
3. Solve multi-step percent problems in context using proportional reasoning, including simple interest, tax, gratuities, commissions, fees, markups and markdowns, percent increase, and percent decrease. [Grade 7, 3]
Tags: budget, decimal, finance, hundredths, interest, money
License Type: Custom Permission Type
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Comments

This resource is free to use. 

  This resource provided by:  
Author: Hannah Bradley