Simple Interest

Match the following variables to their term

• time

• r

• interest

• I

• principal

• t

• rate

• p

Tags

CCSS.6.EE.A.2B

Match the following

• given as %, need to make decimal

• principal

• $ borrowed

• I=prt

• the formula

• rate

• given in years

• interest

• $ paid

• time

Tags

CCSS.7.RP.A.3

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Which is the correct formula for finding simple interest?

• I=prt

• I=mpy

• S=prt

• S=mpy

Tags

CCSS.7.RP.A.3

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