Interest Test (2)

Interest Test (2)

9th - 12th Grade

14 Qs

quiz-placeholder

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9th Grade

10 Qs

Interest Test (2)

Interest Test (2)

Assessment

Quiz

9th - 12th Grade

Medium

CCSS
7.RP.A.3, HSF.BF.A.2, HSF-LE.A.1C

Standards-aligned

Created by

Sam Rogers

Used 1+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The simple interest formula is I=Prt.  What does the t represent?

Principle
Interest
Time
Percent Rate

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Principal = $800
Interest Rate = 3.5%
Time = 6 months
Find the interest earned.

14
140
168
16.80

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

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

Tags

CCSS.7.RP.A.3

4.

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

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Write the percent as a decimal. 
4.3%

4.3
.43
.043
4300

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Write the decimal as a percent. 
0.37

37%
3.7%
.37%

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

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

Important
Interest
Internet
Igloo

Tags

CCSS.HSF.BF.A.2

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