Solving Prolems involving simple interest

 One of the must common scenario in our daily lives is engaging ourselves in
a business transaction it is all but natural because many actions that we
undertake involves money moreover

Components in simple interest and these are the following

Where:

George polya’s step rule

Explore -this step involves careful reading analyzing identifying the given and
unknown facts in the probem and expreesing the unknown in terms of variables

Plan- in this step writing an equation that describe the relationship between or
among the variable is involved

Solve- this step requires working out the written equation and other numbers
relations to determine the required quantities that answer the questions in the
problem

Check- the final; step that employs the use of other approaches to examine the
appropriateness of the answer