Simple Interest Check-In
Quiz
•
Mathematics
•
8th Grade
•
Easy
Standards-aligned
Alyssa McBurney
Used 1+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
15 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.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
15 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.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
15 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
4.
MULTIPLE CHOICE QUESTION
15 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
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
The simple interest formula is I=Prt. The P represents the principle. The principle is ___________________.
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If you are calculating the simple interest and you are given the time in months, how can you find the time in years?
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
The simple interest formula is I=Prt. What does the t represent?
Tags
CCSS.8.EE.C.7B
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