Simple Interest
Authored by Heidi Wilcox
Mathematics
7th Grade
CCSS covered
Used 32+ times
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10 questions
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1.
FILL IN THE BLANK QUESTION
10 mins • 5 pts
Q. Ryan deposited $2,000 in a savings account at the interest rate of 4% per year. How much simple interest will he earn in 5 years?
Tags
CCSS.7.RP.A.3
2.
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10 mins • 1 pt
Q. Garcia borrowed $4,000 from his cousin Susan at the rate of 8% per year. He repaid the amount after two years. How much did he repay?
Tags
CCSS.7.RP.A.3
3.
FILL IN THE BLANK QUESTION
10 mins • 1 pt
Q. Tracy put $3,500 into an investment yielding 4.5% annual interest. She left the money in for 8 years. How much interest does she get in those 8 years?
Tags
CCSS.7.RP.A.3
4.
FILL IN THE BLANK QUESTION
10 mins • 1 pt
Q. Anna invested $2,500 at an annual rate of 5%. How long will it take until Anna earns $1,125 in interest?
Tags
CCSS.6.EE.B.7
5.
FILL IN THE BLANK QUESTION
10 mins • 1 pt
Q. Jerry invested $1,500 in an account that paid him 8.25% simple interest. What will the balance of his account be after 6 years?
Tags
CCSS.7.RP.A.3
6.
FILL IN THE BLANK QUESTION
10 mins • 1 pt
Q. Mr. Peterson wrote a check of $7,820 to pay off a loan, which was given to him at a rate of 5% simple interest for 3 years. How much money did he borrow originally?
Tags
CCSS.6.EE.B.7
7.
FILL IN THE BLANK QUESTION
10 mins • 1 pt
Q. If $3,840 is invested in an account at 5% annual simple interest, how long will it take the account balance to grow to $4,800?
Tags
CCSS.6.EE.B.7
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