Students use formulas to calculate simple interest and compound interest to determine the best investment for money earned at a school fundraiser.
Use this worksheet with its corresponding lesson: Analyzing Change/Growth and Decay Formula
Click here for the answer key to the worksheet (PDF)
This worksheet is part of the Solving the Unknown with Algebra program, which includes additional lesson plans and printables.
For more free math programs, visit The Actuarial Foundation's "Expect the Unexpected with Math®" series at www.scholastic.com/unexpectedmath.
Materials developed by The Actuarial Foundation with Scholastic.