Simple Interest

Simple Interest

7th Grade

10 Qs

quiz-placeholder

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Simple Interest

Simple Interest

Assessment

Quiz

Mathematics

7th Grade

Hard

Used 6+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

How much interest is earned on $269 at 10% for five years?

$134.50

13.45%

538

$13,450

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

You put $939 into an investment at 8% for six years. How much interest will be earned?

45,072

45%

$450.72

$1956.25

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

How much interest does a $482 investment earn at 5% over three years?

$732

$72.30

7.32%

$3213.33

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

If you invest $832 at an interest rate of 3%, how much money total will you have after nine years?

$224.64

$3081.48

$3913.48

$1056.64

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

How much interest is earned on $583 at 8% for six years?

$279.84

$862.84

27.98%

$1214.58

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

How long much $542 be invested at a rate of 7% to earn 303.52 in interest?

25 years

8%

8 years

$11,515.55

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What was the interest rate if your principle investment was $857 for six years with $411.36 interest earned?

0.08%

8%

34.7%

48%

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