Simple Interest
Authored by Mike Johns
Mathematics
6th - 8th Grade
CCSS covered
Used 92+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 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
What does the "I" in the interest formula stand for?
Tags
CCSS.HSF.BF.A.2
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The simple interest formula is I=Prt. What does the t represent?
Tags
CCSS.7.RP.A.3
4.
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______.
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Write the percent as a decimal.
4.3%
Tags
CCSS.7.RP.A.3
CCSS.7.NS.A.3
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If you are calculating the simple interest and you are given the time in months, how can you find the time in years?
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Starting money = $350.
Interest rate = 2.5%
TIme = 3 years.
How much interest?
Tags
CCSS.7.RP.A.3
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