Simple and Compound Interest
Authored by RYAN TAN
Mathematics
5th Grade
CCSS covered
Used 892+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Paul deposits $4000 in a bank which pays a compound interest rate of 4% per year. How much will he have in 5 years.
$4866.61
$5628.40
$6077.53
$6326.60
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Paul deposits $4000 in a bank which pays a compound interest rate of 5% per year. How much will he have in 7 years.
$4866.61
$5628.40
$6077.53
$6326.60
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Paul deposits $5000 in a bank which pays a compound interest rate of 5% per year. How much will he have in 4 years.
$4866.61
$5628.40
$6077.53
$6326.60
Tags
CCSS.HSA.CED.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
CCSS.HSA.SSE.A.1
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Paul deposits $5000 in a bank which pays a compund interest rate of 4% per year. How much will he have in 6 years.
$4866.61
$5628.40
$6077.53
$6326.60
Tags
CCSS.HSF-LE.A.1C
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Mr Tom borrowed $2000 from a bank. The bank charges a simple interest of 7% per annum. Calculate the interest that he has to pay at the end of 3 years.
$420
$600
$2000
$250
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
I invest $3000 for 4 years at 3%. per annum compound interest. Find the total money I have in the bank after 4 years ?
$3376.52
$3376
$3377
$376.52
Tags
CCSS.HSA.CED.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If Jarvis borrow $675 for six years at a simple interest rate of 10% , how much interest will he pay ?
$504
$1048
$405
$1055
Tags
CCSS.7.RP.A.3
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