SIMPLE AND COMPOUND INTEREST

Flashcard
•
Mathematics
•
University
•
Hard
Standards-aligned
Wayground Content
FREE Resource
Student preview

8 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Write the percent as a decimal: 4.3%
Back
0.043
2.
FLASHCARD QUESTION
Front
David invests RM10,000 in a savings account that pays 3.5% simple interest. If David makes no withdrawals or deposits to the account, how much will be in the account after 7 years?
Back
RM12,450
Tags
CCSS.7.RP.A.3
3.
FLASHCARD QUESTION
Front
Mr. Farid paid RM1,020 in simple interest for a loan at a rate of 5% for 3 years. How much money did he borrow originally?
Back
RM6,800
Tags
CCSS.7.RP.A.3
4.
FLASHCARD QUESTION
Front
Ms. Cornelius earns RM11.25 each year on an investment. What is the rate of simple interest if her initial amount invested was RM750?
Back
1.5 %
Tags
CCSS.7.RP.A.3
5.
FLASHCARD QUESTION
Front
Sarah borrowed $18,000 for 4 years at an annual simple interest rate of 7%. What is the total amount she will repay for the car loan?
Back
$23040
Tags
CCSS.7.RP.A.3
6.
FLASHCARD QUESTION
Front
You borrowed RM59,000 for 2 years at 11% compounded annually. What total will you pay back?
Back
RM72,693.90
7.
FLASHCARD QUESTION
Front
Tutty won RM3,000 from a radio contest. If she puts this money in a bank account that earns 2.9% interest compounded quarterly, how much total will she earn in 10 years?
Back
RM4005.09
8.
FLASHCARD QUESTION
Front
Principal: RM5000 Interest Rate: 3.75% Time: 25 years Compounded Monthly State the future account balance.
Back
RM12,749.30
Similar Resources on Wayground
15 questions
rule of 72 and interest formulas

Flashcard
•
12th Grade
13 questions
LEI Lesson 1 - Why Save?

Flashcard
•
12th Grade
12 questions
Homework 8: simple and compound interest

Flashcard
•
University
15 questions
3/22 AMDM: Interest Compounded Continuously

Flashcard
•
12th Grade
15 questions
Savings Accounts

Flashcard
•
12th Grade
13 questions
Compound Interest

Flashcard
•
11th Grade
15 questions
Compound Interest

Flashcard
•
12th Grade
15 questions
Compound Interest Formula

Flashcard
•
12th Grade
Popular Resources on Wayground
10 questions
Lab Safety Procedures and Guidelines

Interactive video
•
6th - 10th Grade
10 questions
Nouns, nouns, nouns

Quiz
•
3rd Grade
10 questions
Appointment Passes Review

Quiz
•
6th - 8th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
11 questions
All about me

Quiz
•
Professional Development
22 questions
Adding Integers

Quiz
•
6th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
20 questions
Grammar Review

Quiz
•
6th - 9th Grade