Interest
Authored by Nathan Williams
Mathematics
9th - 12th Grade
CCSS covered
Used 2+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 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
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Change 6.75% to a decimal.
Tags
CCSS.5.NBT.A.3
3.
MULTIPLE CHOICE QUESTION
15 mins • 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
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Find the total amount in the account to the nearest cent if the interest is compounded annually.
$2750 at 8% for 2 years
Tags
CCSS.HSF-LE.A.1C
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The simple interest formula is I=Prt. What does the t represent?
Tags
CCSS.8.EE.C.7B
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. What will be his balance after 15 year?
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
David invests $10,000 in a savings account that pays 3.5% simple interest. If David makes no withdrawals or deposits to the account, how much will be in the account after 7 years.
$2450
$11,750
$12,450
Not Here
Tags
CCSS.7.RP.A.3
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