Simple Interest, Discount, and Tax
Authored by Heidi Wilcox
Mathematics
7th Grade
CCSS covered
Used 33+ times
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10 questions
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1.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
Q. Find the simple interest earned after 5 years if John deposits $575 in his savings account that earns 3% interest.
(a)
Tags
CCSS.7.RP.A.3
2.
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3 mins • 1 pt
Q. Find the simple interest paid after 8 years, if Melissa borrows $4000 and her interest rate is 5%.
(a)
Tags
CCSS.7.RP.A.3
3.
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3 mins • 1 pt
Q. Find the simple interest earned if the principal is $7,500, time is 18 months, and the interest rate is 2.5%.
(a)
Tags
CCSS.7.RP.A.3
4.
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3 mins • 1 pt
Q. Find the balance after 10 years, if the principal is $3,500 and the interest rate is 2%.
(a)
Tags
CCSS.7.RP.A.3
5.
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3 mins • 1 pt
Q. The Smith family financed a TV that cost $950. If the interest rate is 12%, how much will the family owe for the TV after 3 months if no payments are made?
(a)
Tags
CCSS.7.RP.A.3
6.
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3 mins • 1 pt
Q. If you get a $10,500 loan with 8.75% interest rate, how much do you owe at the end of 5 years?
(a)
Tags
CCSS.7.RP.A.3
7.
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3 mins • 1 pt
Q. Find the balance after 39 months, if you borrow $350 with 18% interest rate.
(a)
Tags
CCSS.7.RP.A.3
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