Simple Interest
Authored by Sean Sisson
Mathematics
8th Grade
CCSS covered
Used 1K+ times
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12 questions
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1.
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?
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Calculate the interest earned on a $4,500 savings account that earns 2.5% simple interest over three years.
Tags
CCSS.HSF.BF.A.2
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Determine the simple interest earned: p= $2000 r= 4.6% t= 4 years
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Christian opened a savings account with $3250. His account will earn 5.2% simple interest. How much money will be in his account after 6 years?
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is the ending balance of an account with $42,000 and earns simple interest at a rate of 3% for 5 years?
Tags
CCSS.HSF.BF.A.2
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Sofia deposited $1,700 into a savings account that accumulates 1.8% interest. If she keeps the money in the account for 7 years, how much money will be in the account?
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Sarah has $45,000 in student loans. if there is a 6% interest rate, how much will she pay back in interest over 10 years?
Tags
CCSS.HSF.BF.A.2
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