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Simple & Compund Interest (TP3)

Authored by SITI ADIBAH ISMAIL

Mathematics

2nd - 12th Grade

15 Questions

CCSS covered

Used 24+ times

Simple & Compund Interest (TP3)
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1.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

Encik Saiful saves RM 15 000 in Bank BAC with an interest rate of 2% per annum for 3 years. Calculate the total interest that Encik Saiful will received for the 3 years.

Tags

CCSS.7.RP.A.3

2.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

Cik Raissa saves RM 3000 in Bank Mawar with an interest rate of 4% per annum. How much is the total interest that Cik Raissa will received for 6 months?

Tags

CCSS.7.RP.A.3

3.

FILL IN THE BLANK QUESTION

3 mins • 1 pt

Cik Eryna saves RM8 000 in bank that offers an interest rate of 3.5% per annum. After a few years, she receives RM840 as the interest. Find the period of Cik Eryna's savings.

Tags

CCSS.7.RP.A.3

4.

FILL IN THE BLANK QUESTION

3 mins • 1 pt

Cik Eryna saves RMy in a bank with an interest rate of 4.5% per annum. Encik Azim received RM414 as the interest. Calculate the total savings, RMy of Encik Azim.

Tags

CCSS.7.RP.A.3

5.

FILL IN THE BLANK QUESTION

3 mins • 1 pt

Mrs Lim saves RM6 000 in a bank XYZ with an interest rate of 4.5% per annum. Calculate Mrs Lim's total savings after 1 year.

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

I = Prt where r represents the rate.  Rates must be converted into ____ before multiplying.

fractions
mixed numbers
decimals

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The simple interest formula is I=Prt.  The P represents the principle.  The principle is ___________________. 

the amount of money borrowed or deposited
the amount taxed
the percent interest for this year
the amount the bank owes you for being a customer at their bank

Tags

CCSS.7.RP.A.3

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