Simple Interest (Solving for ALL)

Simple Interest (Solving for ALL)

7th Grade

6 Qs

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Simple Interest (Solving for ALL)

Simple Interest (Solving for ALL)

Assessment

Quiz

Mathematics

7th Grade

Hard

Created by

Sean Weldon

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6 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Find the amount of time:

An account earns $32 interest with $300 at 4% over how many years?

2 years

5 years

3 years

5 seconds

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Find the TOTAL amount

$2000 at 3.5% for 4 years

$280

$2280

$2,800

$28,000

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Find the annual simple interest


I- $17, P = $500 t= 2 years

7%

17%

1.7%

0.17%

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Find the simple interest rate

I= $426

P= $1,200

T= 5 years

7%

7.1%

71%

17%

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Find the amount of time

I= $60

P=$400

R=5%

6 years

5 years

4 years

3 years

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Find the amount of time

I= $237.90

P=$1525

R= 2.6%

5 years

4 years

6 years

657,654,342,234 years