Compound Interest and Simple Interest
The below QuickQuestion Interface © generates 10 random questions on compound and simple interest.
Choose which types of percentages you would like to deal with (NonCalculator percentages are 1%, 5%, 10%, 20%, 25%, 50%, 75%).
Decide whether you want your values to increase, decrease or have a mixture of both.
Pick which type of interest you would like to apply (Simple, Compound or a Random selection) and what the maximum term of the investment should be.
Finally, choose the currency suitable for your location.
When entering answers, remember to include the currency symbol, and that money is given to 2 decimal places.
Choose which types of percentages you would like to deal with (NonCalculator percentages are 1%, 5%, 10%, 20%, 25%, 50%, 75%).
Decide whether you want your values to increase, decrease or have a mixture of both.
Pick which type of interest you would like to apply (Simple, Compound or a Random selection) and what the maximum term of the investment should be.
Finally, choose the currency suitable for your location.
When entering answers, remember to include the currency symbol, and that money is given to 2 decimal places.
Ideas for Teachers
This is a good alternative to the QQI activity, if you just want to put 10 questions on the board. Then you can get answers from students to enter in the boxes before checking them, and correcting as necessary.
However, the real power in this activity is when you get the students using it themselves. In a computer lesson, set them all going on the activity, and get them to repeat until they get every question correct.
Or you can set it as a homework, telling them the conditions to use (different conditions for different students to differentiate the homework). Then get them to do one or two sets, all correct, and to take a screen shot and either email it to you, or, even better, stick it in their books. Since the questions are random, every student will get a different set of questions, and the immediate feedback means they can go back and correct their work straight away.
This is a good alternative to the QQI activity, if you just want to put 10 questions on the board. Then you can get answers from students to enter in the boxes before checking them, and correcting as necessary.
However, the real power in this activity is when you get the students using it themselves. In a computer lesson, set them all going on the activity, and get them to repeat until they get every question correct.
Or you can set it as a homework, telling them the conditions to use (different conditions for different students to differentiate the homework). Then get them to do one or two sets, all correct, and to take a screen shot and either email it to you, or, even better, stick it in their books. Since the questions are random, every student will get a different set of questions, and the immediate feedback means they can go back and correct their work straight away.
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