Simple Interest 2

Simple Interest 2

7th Grade

8 Qs

quiz-placeholder

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Simple Interest 2

Simple Interest 2

Assessment

Quiz

Mathematics

7th Grade

Medium

Created by

Eugene Schatz

Used 6+ times

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8 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

I = ?

P = 15000

R = 3%

T = 4 years

How much Interest did you earn? Use the I = equation in your notes.

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

I = ?

P = 2500

R = 5%

T = 2 years

How much Interest did you earn? Use the I = equation in your notes.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

I = 540

P = ?

R = 3%

T = 3 years

How much Principle did you put in the bank? Use the P = equation in your notes.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

I = 1500

P = ?

R = 2.5%

T = 6 years

How much Principle did you put in the bank? Use the P = equation in your notes.

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

I = 800

P = 20000

R = ?

T = 2 years

What was the interest Rate? Use the R = equation in your notes.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

I = 2500

P = 10000

R = ?

T = 5 years

What was the interest Rate? Use the R = equation in your notes.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

I = 1200

P = 3750

R = 4%

T = ?

How many years did you leave the money in the bank? Use the T = equation in your notes.

8.

FILL IN THE BLANK QUESTION

1 min • 1 pt

I = 4950

P = 45000

R = 2%

T = ?

How many years did you leave the money in the bank? Use the T = equation in your notes.