Simple Interest

Simple Interest

Assessment

Flashcard

Mathematics

7th - 8th Grade

Hard

CCSS
7.RP.A.3, HSF.BF.A.2, 6.EE.B.7

Standards-aligned

Created by

Wayground Content

FREE Resource

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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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