Simple Interest
Flashcard
•
Mathematics
•
7th - 8th Grade
•
Hard
Standards-aligned
Wayground Content
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20 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Lauren has $100 in a savings account that earns 10% interest annually. How much interest will she earn in 2 years?
Back
$20
Tags
CCSS.HSF.BF.A.2
2.
FLASHCARD QUESTION
Front
Dayton has $90 in a savings account that earns 5% annually. How much will he have in his account in 1 year?
Back
$94.50
Tags
CCSS.7.RP.A.3
3.
FLASHCARD QUESTION
Front
Interest on a $2,000 loan at 8% for 1 year?
Back
$160
Tags
CCSS.7.RP.A.3
4.
FLASHCARD QUESTION
Front
You borrow $10,000 from the bank at a 9% interest rate for 5 years. Find the interest you will pay on this loan.
Back
$4,500
Tags
CCSS.7.RP.A.3
5.
FLASHCARD QUESTION
Front
You borrow $500 at 11% interest for 2 years. How much interest will you pay? How much will you pay the bank at the end of the loan?
Back
Interest: $110, Total Payment: $610
Tags
CCSS.7.RP.A.3
6.
FLASHCARD QUESTION
Front
Interest on a $2,500 loan at 9% for 7 months?
Back
$131.25
Tags
CCSS.7.RP.A.3
7.
FLASHCARD QUESTION
Front
Jane's dad takes out a loan for $2,500 at 9% for 7 months. How much would it cost to repay the loan?
Back
$2,631.25
Tags
CCSS.7.RP.A.3
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