
Simple interest- Warm up
Quiz
•
Mathematics
•
8th Grade
•
Medium
Damon Rucker
Used 1+ times
FREE Resource
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3 questions
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1.
MULTIPLE CHOICE QUESTION
3 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?
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?
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