simple interest
5th Grade
•18 Qs
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simple interest
Quiz
•
Mathematics
•
5th Grade
•
Hard
+3
Standards-aligned
IAN BUGBEE
Used 3+ times
FREE Resource
Enhance your content in a minute
18 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The rate is given as a percent (%). Before using it in the simple interest formula, you must first convert it to a______.
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Starting money = $350.
Interest rate = 2.5%
TIme = 3 years.
How much interest?
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Calculate the interest. I = PRT,
Principal = $1000,
Rate = 6%,
Time = 2 years
$100
$120
$180
1200
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Calculate the interest. I = PRT,
Principal = $10000,
Rate = 7%,
Time = 20 years
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Starting money = $350.
Interest rate = 2.5%
TIme = 3 years.
How much interest?
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Emilio borrows $1200 from a bank with 8% simple interest per year. How much interest will he have to pay back?
$150
$192
$1350
$1392
Tags
CCSS.7.RP.A.3
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