Commission/Simple Interest
Flashcard
•
Mathematics
•
7th Grade
•
Hard
Standards-aligned
Wayground Content
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15 questions
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1.
FLASHCARD QUESTION
Front
What is 82% as a decimal?
Back
0.82
2.
FLASHCARD QUESTION
Front
Compute the sales commission for an amount of $4,500.00 at a rate of 5%.
Back
$225.00
Tags
CCSS.6.RP.A.3C
3.
FLASHCARD QUESTION
Front
Before using the rate given as a percent (%) in the simple interest formula, you must first convert it to a ______.
Back
decimal
Tags
CCSS.7.RP.A.3
4.
FLASHCARD QUESTION
Front
If Ann puts $300 in a bank account earning 4% interest, how much will she earn in interest in 1 year?
Back
$12
Tags
CCSS.7.RP.A.3
5.
FLASHCARD QUESTION
Front
In the simple interest formula I=TPR, what does 't' represent?
Back
Time, in years
Tags
CCSS.7.RP.A.3
6.
FLASHCARD QUESTION
Front
What is the formula for calculating simple interest?
Back
I = PRT (Interest = Principal x Rate x Time)
Tags
CCSS.7.RP.A.3
7.
FLASHCARD QUESTION
Front
What does 'P' stand for in the simple interest formula I=TPR?
Back
Principal (the initial amount of money)
Tags
CCSS.7.RP.A.3
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