1st Semester TEST Review 7th Grade

Front

Back

2

Front

What does the I stand for in the simple interest equation?

Back

Interest ($)

Front

Convert the fraction 65/100 to a decimal.

Back

0.65

Front

If a meal costs $12.00 and the tip is 25%, how much is the tip?

Back

3

Front

What does the ordered pair (20, 3000) represent in terms of a machine's operation?

Back

The machine folds 3,000 sheets in 20 minutes.

Front

What is the formula for calculating simple interest?

Back

Simple Interest = Principal × Rate × Time

Front

How do you convert a percentage to a decimal?

Back

Divide the percentage by 100.

Front

What is 25% of $12.00?

Back

3

Front

Back

2

Front

What does the term 'principal' refer to in finance?

Back

The initial amount of money invested or borrowed.