It is not explicitly called out in the Common Core standard, but several of the examples in the common core are interest rate problems.
Here's an example from the California Standard, search for 'interest'.
http://www.cde.ca.gov/be/st/ss/documents/ccssmathstandardaug...
It is not explicitly called out in the Common Core standard, but several of the examples in the common core are interest rate problems.
Here's an example from the California Standard, search for 'interest'.
http://www.cde.ca.gov/be/st/ss/documents/ccssmathstandardaug...