Simple Interest Formula Test

Simple Interest Formula Test

7th Grade

16 Qs

quiz-placeholder

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Simple Interest Formula Test

Simple Interest Formula Test

Assessment

Quiz

Mathematics

7th Grade

Medium

CCSS
HSF.BF.A.2, 6.EE.B.7, 6.EE.B.6

+6

Standards-aligned

Created by

Matthew Klem

Used 36+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

John invests $600 in a savings account. The account earns 5% annual interest. What is the amount of interest earned after 2 years?

John invierte $600 en una cuenta de ahorros. La cuenta genera un interés anual del 5%. ¿Cuánto interés genera después de 2 años?

$30

$60

$90

$660

Tags

CCSS.HSF.BF.A.2

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Stasia invests $5200 in a savings account. It earns 7% annual interest. What is the account balance after 54 months?

Stasia invierte $5200 en una cuenta de ahorros. Gana un 7% de interés anual. ¿Cuál es el saldo de la cuenta después de 54 meses?

$1638

$6838

$8476

$10114

3.

FILL IN THE BLANK QUESTION

15 mins • 1 pt

Laurita invests $1500 in a savings account. The account earns 8% annual interest. What is the amount of interest earned after 42 months?

Laurita invierte $1500 en una cuenta de ahorros. La cuenta genera un 8% de interés anual. ¿Cuánto interés genera después de 42 meses?

Tags

CCSS.HSF.BF.A.2

4.

FILL IN THE BLANK QUESTION

15 mins • 1 pt

Damien invests $3000 in a savings account. It earns 8% annual interest. What is the balance of the account after four years?

Damien invierte $3000 en una cuenta de ahorros. Gana un 8% de interés anual. ¿Cuál es el saldo de la cuenta después de cuatro años?

Tags

CCSS.HSF.BF.A.2

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Juan invests $400 in a savings account. If the account earns $24 in simple interest after 2 years, what is the annual interest rate?

Juan invierte $400 en una cuenta de ahorros. Si la cuenta genera $24 en intereses simples después de 2 años, ¿cuál es la tasa de interés anual?

3%

4%

5%

6%

Tags

CCSS.6.EE.A.2C

6.

FILL IN THE BLANK QUESTION

15 mins • 1 pt

Nikita invests $2000 in a savings account. If the account earns $150 in simple interest after 15 months, what is the annual interest rate?

Nikita invierte $2000 en una cuenta de ahorros. Si la cuenta genera $150 en intereses simples después de 15 meses, ¿cuál es la tasa de interés anual?

Tags

CCSS.6.EE.B.7

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

How long will it take to earn $1400 in simple interest when you invest $4000 at 7% annual interest?

¿Cuánto tiempo tomará ganar $1400 en interés simple cuando inviertes $4000 al 7% de interés anual?

3 years

4 years

5 years

6 years

Tags

CCSS.6.EE.B.6

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