Activity Overview
In this activity, students use the CellSheet™ Application to calculate accrued interest on a principal. During the activity students solve a problem to calculate the interest on a principal, for a specified period.
Before the Activity
Install the CellSheet on the calculator using the TI Connect™, TI-Connectivity cable, and Unit to Unit cables
See the attached PDF file for detailed instructions for this activity
Print pages 88 - 94 from the attached PDF file for your class
During the Activity
Distribute the pages to your class.
Follow the Activity procedures:
Open the CellSheet Application on the calculator and start a new spreadsheet
Create a list of number of months the money is saved, the amount of money saved per month, and the interest rate
Calculate the interest earned each month using the total money saved as the principal amount
Repeat the calculation for all the months and find the amount saved for specified period
After the Activity
Students will complete the worksheet and answer questions.
Review student results:
As a class, discuss questions that appeared to be more challenging
Re-teach concepts as necessary