Grade Levels: 6-8, 9-12

*Click to open and customize your own copy of the Interest Lesson Plan.

This lesson accompanies the BrainPOP topic Interest, and supports the standard of analyzing types of interest rates and their impact on the consumer. Students demonstrate understanding through a variety of projects.

Step 1: ACTIVATE PRIOR KNOWLEDGE

Ask students: 

  • Why might someone save their money in a bank rather than keep it at home?

Step 2: BUILD BACKGROUND

  • Read aloud the description on the Interest topic page
  • Play the Movie, pausing to check for understanding. 
  • Have students read one of the Related Reading articles. Partner them with someone who read a different article to share what they learned with each other.

Step 3: ENGAGE
Students express what they learned about interest while practicing essential math and literacy skills with one or more of the following activities. Differentiate by assigning ones that meet individual student needs. 

  • Make-a-Movie: Create a movie that answers this question: What is the relationship between percentages and interest?. (Essential Literacy Skill: Determine central ideas) (Essential Math Skill: Understand concepts of ratios)
  • Make-a-Map: Make a concept map comparing and contrasting simple and compound interest. (Essential Literacy Skill: Summarize key details)
  • Creative Coding: Code a learning game sorting interest-related vocabulary terms into self-selected categories. (Essential Literacy Skill: Acquire and use domain specific words and phrases)
  • Creative Coding: Code a math problem that involves solving for interest. (Essential Math Skill: Use ratio reasoning to solve problems)
  • Primary Source: Read an article about loan sharking and cite evidence to answer accompanying questions. (Essential Literacy Skill: Evaluate content presented in diverse formats)

Step 4: APPLY & ASSESS 

Apply: Students take the Interest Challenge, applying essential math and literacy skills while demonstrating what they learned about this topic.

Assess: Wrap up the lesson with the Interest Quiz

Step 5: EXTEND LEARNING

Shady Sam: Players take on the role of loan sharks, using strategies to maximize their profits at the expense of their borrowers in this game. 

Economics Unit: Continue to build understanding around economic concepts with more BrainPOP topics.

Additional Support Resources:

 

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