Simple Interest Activity (Buying a Car)
Math in Demand
9.9k Followers
Grade Levels
6th - 12th
Subjects
Resource Type
Standards
CCSS7.RP.A.3
Formats Included
- PDF
Pages
6 pages
Math in Demand
9.9k Followers
What educators are saying
Used this as a project to help students practice calculating interest! Great activity and was good practice for students.
My students really enjoyed this! It was fun for them to write checks and I stamped them with my name to make it cooler!
Description
Students will LOVE this activity!!! Students are going to determine the cost of buying a car. Students will calculate the interest and balance of 3 cars. They will be given information on 2 banks. Students will decide which car they want to purchase and choose the bank that gives them the best deal.
After students determine which car they want to purchase, they will need to calculate the monthly payment and write a check to the car dealership. Lastly, students will fill out a used car contract.
If you are interested in my Google Slides version, you can check it out HERE.
Total Pages
6 pages
Answer Key
Included
Teaching Duration
N/A
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Standards
to see state-specific standards (only available in the US).
CCSS7.RP.A.3
Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest, tax, markups and markdowns, gratuities and commissions, fees, percent increase and decrease, percent error.
Reviews
Questions & Answers
9.9k Followers
