HOLUB- Simple and Compound Interest
Flashcard
•
Mathematics
•
8th Grade
•
Hard
Wayground Content
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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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