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Simple Interest 2022

Simple Interest 2022

Assessment

Flashcard

•

Mathematics

•

7th - 8th Grade

•

Practice Problem

•

Hard

Created by

Wayground Content

FREE Resource

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20 questions

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1.

FLASHCARD QUESTION

Front

Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?

Back

125

2.

FLASHCARD QUESTION

Front

Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?

Back

$120

3.

FLASHCARD QUESTION

Front

Jenna borrowed $5,000 for 3 years and paid $1,350 simple interest. What rate of interest did she pay?

Back

9%

4.

FLASHCARD QUESTION

Front

Convert 18 months to years.

Back

1.5 Years

5.

FLASHCARD QUESTION

Front

Write the decimal as a percent.
0.37

Back

37%

6.

FLASHCARD QUESTION

Front

Write the percent as a decimal: 4.3%

Back

.043

7.

FLASHCARD QUESTION

Front

What does the "I" in the interest formula stand for?

Back

Interest

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