Section 1
1. Section 1
1.2. Launch
Section 1: Simple and Compound Interest
Launch
This section checks to see if you have the necessary background knowledge and skills required to successfully complete Lesson 1.
Complete the following Are You Ready? questions. If you have difficulty or any questions, visit Refresher for a review or contact your teacher.
An important skill in solving simple interest problems is working with percentage; specifically converting back and forth between percentage and decimals.