HOLUB- Simple and Compound Interest

HOLUB- Simple and Compound Interest

Assessment

Flashcard

Mathematics

8th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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19 questions

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1.

FLASHCARD QUESTION

Front

Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?

Back

$1392

2.

FLASHCARD QUESTION

Front

Starting money = $350.
Simple Interest rate = 2.5%
Time = 3 years.
How much interest?

Back

$26.25

3.

FLASHCARD QUESTION

Front

In the simple interest formula I=Prt, what does the t represent?

Back

Time

4.

FLASHCARD QUESTION

Front

You borrowed 43,800 at a SIMPLE interest rate of 4.8%. If you pay it back in 2 years, how much interest is paid back?

Back

$4204.8

5.

FLASHCARD QUESTION

Front

Convert 18 months to years. 

Back

1.5 Years

6.

FLASHCARD QUESTION

Front

Write the decimal as a percent: 0.37

Back

37%

7.

FLASHCARD QUESTION

Front

Write the percent as a decimal: 4.3%

Back

.043

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