Simple Interest Practice
Flashcard
•
Mathematics
•
7th Grade
•
Hard
Standards-aligned
Wayground Content
FREE Resource
Student preview

15 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is the formula for calculating simple interest?
Back
I = P * r * t, where I is the interest, P is the principal, r is the rate, and t is the time in years.
Tags
CCSS.8.EE.C.7B
2.
FLASHCARD QUESTION
Front
In the simple interest formula I = P * r * t, what does 'P' represent?
Back
P represents the principal, which is the initial amount of money invested or loaned.
Tags
CCSS.7.RP.A.3
3.
FLASHCARD QUESTION
Front
In the simple interest formula I = P * r * t, what does 'r' represent?
Back
r represents the rate of interest, usually expressed as a decimal.
Tags
CCSS.8.EE.C.7B
4.
FLASHCARD QUESTION
Front
In the simple interest formula I = P * r * t, what does 't' represent?
Back
t represents the time the money is invested or borrowed, measured in years.
Tags
CCSS.8.EE.C.7B
5.
FLASHCARD QUESTION
Front
How do you convert a decimal to a percentage?
Back
Multiply the decimal by 100 and add a percent sign (%).
6.
FLASHCARD QUESTION
Front
If you lend $240 and receive $270 back, how do you calculate the interest earned?
Back
Interest earned = Total amount paid back - Principal = $270 - $240 = $30.
Tags
CCSS.7.RP.A.3
7.
FLASHCARD QUESTION
Front
What is the formula to find the interest rate when you know the principal, interest earned, and time?
Back
r = I / (P * t), where I is the interest earned, P is the principal, and t is the time in years.
Tags
CCSS.6.EE.B.7
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
10 questions
Bahasa Inggris Kelas 4 - I go to school after having breakfast
Flashcard
•
6th Grade
15 questions
The New Zealand Wars
Flashcard
•
7th Grade
13 questions
Natural Disasters Flashcard Study Guide
Flashcard
•
6th - 8th Grade
11 questions
Possessive 's
Flashcard
•
KG - 5th Grade
11 questions
Monomios e Polinomios
Flashcard
•
8th Grade
11 questions
6th Grade Statistics Vocabulary
Flashcard
•
6th Grade
10 questions
Noun suffixes -ness, -dom, -ship
Flashcard
•
7th - 8th Grade
14 questions
Malaysian History
Flashcard
•
7th Grade
Popular Resources on Wayground
10 questions
Ice Breaker Trivia: Food from Around the World
Quiz
•
3rd - 12th Grade
20 questions
MINERS Core Values Quiz
Quiz
•
8th Grade
10 questions
Boomer ⚡ Zoomer - Holiday Movies
Quiz
•
KG - University
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
Adding Integers
Quiz
•
6th Grade
20 questions
Multiplying and Dividing Integers
Quiz
•
7th Grade
10 questions
How to Email your Teacher
Quiz
•
Professional Development
15 questions
Order of Operations
Quiz
•
5th Grade
Discover more resources for Mathematics
20 questions
Multiplying and Dividing Integers
Quiz
•
7th Grade
16 questions
Adding and Subtracting Integers
Quiz
•
7th Grade
14 questions
One Step Equations
Quiz
•
5th - 7th Grade
13 questions
Analyze Proportional Relationships and Their Applications
Quiz
•
7th Grade
15 questions
proportional relationships in tables graphs and equations
Quiz
•
7th Grade
20 questions
Perfect Squares and Square Roots
Quiz
•
7th Grade
15 questions
Two Step Equations
Quiz
•
7th - 8th Grade
20 questions
Add and Subtract Integers
Quiz
•
7th Grade