Simple Interest
Authored by Ashley Goldman
Mathematics
7th Grade
CCSS covered
Used 63+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 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
5 mins • 1 pt
Find the simple interest earned when the principal is $500 at a rate of 10% held in the bank for 8 months.
$33.33
$550
$50
$400
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
5 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
4.
MULTIPLE CHOICE QUESTION
5 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.RP.A.3
CCSS.7.EE.B.3
CCSS.7.RP.A.2
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Kermit took out a 4 year loan for $5,500. He had to pay a total of $1,870 in interest payments. What rate did he pay for his loan?
85%
5.5%
8.5%
14%
Tags
CCSS.7.RP.A.3
CCSS.7.EE.B.3
CCSS.7.RP.A.2
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
How much interest would you earn if you deposited $575 for 3 months at 2.88% simple interest?
$4.14
$4,968
About $400
$1,725
Tags
CCSS.HSF.BF.A.2
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?
Tags
CCSS.7.RP.A.3
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
