Simple Interest
Quiz
•
Mathematics
•
11th Grade
•
Medium
Standards-aligned

K Neech
Used 51+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
5 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
5 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
5 mins • 1 pt
When Loofa was born, her parents put $8,000 into a college fund account that earned 9% simple interest. Find the amount of interest earned after 18 years.
$720
$20,960
$1,080
$12,960
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Interest rate =5%
Time = 5 years
What is the interest earned?
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Interest rate = 2.5%
TIme = 3 years.
How much interest?
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Tags
CCSS.7.RP.A.3
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