
Simple Interest
Quiz
•
Mathematics
•
7th - 9th Grade
•
Medium
+2
Standards-aligned

Jase Little
Used 2+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Find the simple interest earned for principal of $2,000 at and 8% rate for 5 years.
$160
$800
$80,000
$16
Tags
CCSS.HSF.BF.A.2
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Find the simple interest paid on a loan of $750 with an 18% rate over 2 years.
$135
$13,500
$270
$27,000
Tags
CCSS.HSF.BF.A.2
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Find the simple interest paid on a deposit of $225 at a rate of 1.5% over 2 years.
$6.75
$3.375
$2,278.13
$6,750
Tags
CCSS.HSF.BF.A.2
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
When Loofa was born, her parents put $8,000 into a college fund account that earned 9% simple interest. Find the amount of interest earned after 18 years.
$720
$20,960
$1,080
$12,960
Tags
CCSS.HSF.BF.A.2
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
After 12 years, a deposit of $10,000 into your college account has earned $6,000 in interest payments. What simple interest rate did the account earn?
50%
5%
500%
7.5%
Tags
CCSS.7.EE.B.3
CCSS.7.RP.A.2
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The simple interest formula is I=Prt. What does the t represent?
Tags
CCSS.7.RP.A.3
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