Monthly Loan Payment Calculation
(4.0 ★,
124 Students)
Activity Description
In this worksheet, students will learn how to calculate Equated Monthly Installment (EMI) for a loan when given other variables such as loan amount, interest rate, and loan duration. They will be provided with an introduction to EMI calculation and the formula used to compute it. Students will use the formula to calculate the EMI for various scenarios and answer related questions to solidify their understanding.
No data was found
Price per Classroom
FREE
Grade Levels
7-10
Topics
["Algebra","Numbers & Operations","Expressions & Equations","Car Loan","Home Loan"]
Duration
10 Minutes
Auto-Graded?
Yes
Teacher Evaluation Needed?
No
