Welcome to the Simple Interest Word Problems guided learning activity. By the end of this activity, you will be able to set up and solve various kinds of
simple interest problems.
If at any time you need help please ask a tutor.
First, you need to open a PowerPoint with a presentation and activities.
Click here to open the PowerPoint
Once the PowerPoint is open, read through slides #1-18.
Pay particular attention to the formula and how the example
problems are set up by using a table.
On a separate piece of paper, work through
the two practice problems given in slide #20. Make sure to use a table to set up
the problems. Ask a tutor for help if you get stuck.
Check your answers on slide #21. If you did not get all four
practice problems correct, go on to slides #22-25 and determine
where you went wrong. Next to each practice problem on your
scratch paper, write down in complete sentences what you did
wrong and what steps you can take so that you will not make the
same mistake again in the future.
Let’s see how much you have learned by
completing this quiz.
Use a blank
sheet of paper for your work. Once you are done, ask a tutor to go over your quiz results and the
self-evaluation with you.
That's it! Thank you for taking the time to learn
about solving simple interest word problems.