Calculating Simple Interest
7th - 11th Grade
•5 Qs
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Calculating Simple Interest
Quiz
•
Mathematics
•
7th - 11th Grade
•
Hard
Standards-aligned
Used 1+ times
FREE Resource
5 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Formula: Interest=(principal) x (rate) x (time) I=prt
Principal: $5000
Rate: 4%
Time: 2 years
(Remember to convert the percentage to a decimal)
Tags
CCSS.7.RP.A.3
2.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Formula: Interest=(principal) x (rate) x (time) I=prt
Principal: $10,000
Rate: 12%
Time: 6 years
(Remember to convert the percentage to a decimal)
Tags
CCSS.7.RP.A.3
3.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Formula: Interest=(principal) x (rate) x (time) I=prt
Principal: $6000
Rate: 6.5%
Time: 1 years
(Remember to convert the percentage to a decimal)
Tags
CCSS.7.RP.A.3
4.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Formula: Interest=(principal) x (rate) x (time) I=prt
Principal: $90,000
Rate: 7%
Time: 10 years
(Remember to convert the percentage to a decimal)
Tags
CCSS.7.RP.A.3
5.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Formula: Interest=(principal) x (rate) x (time) I=prt
Principal: $8,500
Rate: 1.5%
Time: 6 years
(Remember to convert the percentage to a decimal)
Tags
CCSS.7.RP.A.3
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