QUIZ 8 (5.4 & % CHANGE)

QUIZ 8 (5.4 & % CHANGE)

10th - 12th Grade

20 Qs

quiz-placeholder

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QUIZ 8 (5.4 & % CHANGE)

QUIZ 8 (5.4 & % CHANGE)

Assessment

Quiz

10th - 12th Grade

Medium

CCSS
7.RP.A.3, 6.RP.A.3C, HSF.BF.A.2

Standards-aligned

Created by

Aaron Munguia

Used 2+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the "I" in the interest formula stand for?

Principal
Interest
Rate
Time

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Maria borrowed $3,000 at a simple interest rate of 4% per year.  How much did she have to repay after 4 years?

$480
$3,480
$4,800
$7,800

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the "r" in the interest formula stand for?

Principal
Interest
rate
time

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The rate is given as a percent (%).  Before using it in the simple interest formula, you must first convert it to a______.

fraction
decimal
ratio
dollar amount

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

The simple interest formula is I=Prt.  The P represents the principle.  The principle 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

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Write the percent as a decimal. 
4.3%

4.3
.43
.043
4300

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Starting money = $350.
Interest rate = 2.5%
TIme = 3 years.
How much interest?

$7.50
$26.25
$87.5
$262.50

Tags

CCSS.7.RP.A.3

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