8.12D  Simple and Compound interest

8.12D Simple and Compound interest

Assessment

Flashcard

Mathematics

8th Grade

Hard

CCSS
7.RP.A.3, HSF.BF.A.2, HSF-LE.A.1C

+1

Standards-aligned

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17 questions

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1.

FLASHCARD QUESTION

Front

The principle in the simple interest formula I=Prt is:

Back

the amount of money borrowed or deposited

Tags

CCSS.7.RP.A.3

2.

FLASHCARD QUESTION

Front

Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?

Back

$1,200

Tags

CCSS.7.RP.A.3

3.

FLASHCARD QUESTION

Front

Convert the rate given as a percent (%) to a ______ before using it in the simple interest formula.

Back

decimal

Tags

CCSS.7.RP.A.3

4.

FLASHCARD QUESTION

Front

Write the percent as a decimal: 4.3%

Back

.043

5.

FLASHCARD QUESTION

Front

Caiden's balance after 15 years with $475 at 3.8% interest compounded annually?

Back

$831.10

Tags

CCSS.HSF-LE.A.1C

6.

FLASHCARD QUESTION

Front

View question in the picture then select the best answer

Back

D

Tags

CCSS.7.RP.A.3

7.

FLASHCARD QUESTION

Front

View question in the picture then select the best answer

Back

A

Tags

CCSS.HSF.BF.A.2

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