Simple interest
Authored by Aziana Musa
Mathematics, Education
University
CCSS covered
Used 22+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The simple interest formula is I=Prt. The P represents the principle. The principle is ___________________.
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
2 mins • 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
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What does the "I" in the interest formula stand for?
It
Interest
the Headless Iron Man
Ignoramus
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Aiman borrowed RM4,000 for 5 years at 6% simple interest rate to pay for his band equipment. How much interest is that?
RM800
RM1,000
RM1,200
RM1,500
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Jerry save RM5000 for 5 years at 6% simple interest rate. What will the value of Jerry's account be after 5 years?
RM5200
RM 6000
RM 6500
RM 5500
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Emili borrows RM1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?
RM1500
RM192
RM1350
RM1392
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The simple interest formula is I=Prt. The P represents the principle. The principle is ___________________.
Tags
CCSS.8.EE.C.7B
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