
Unit 7 Review--CC3
Authored by Justin Jones
Mathematics
7th - 8th Grade
CCSS covered
Used 2+ times

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18 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The compound interest formula is:
A = P(1 + r)t
What does the A represent?
Tags
CCSS.HSA.SSE.A.1
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Bruno was given $2000 when he turned 3 years old. His parents invested it at a 2% interest rate compounded annually. No deposits or withdrawls were made. Which expression can be used to determine how much money Bruno had in the account when he turned 16?
Tags
CCSS.HSF.BF.A.2
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?
Tags
CCSS.HSF.BF.A.2
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?
$800
$1,000
$1,200
$1,500
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Sam borrowed $4,500 for 2 years and had to pay $630 simple interest at the end of that time. What rate of interest did he pay?
6%
7%
8%
9%
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The simple interest formula is I=Prt. The P represents the principal. The principal is ___________________.
the amount of money borrowed or deposited
the percent interest for his year
the amount taxed
the amount the bank owes you for being a customer at their bank
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The simple interest formula is I=Prt. What does the t represent?
Tags
CCSS.7.RP.A.3
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