Financial Literacy Quiz
Authored by Aaliyah Davis
Mathematics
8th Grade
CCSS covered
Used 22+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
6 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
$5,000 COMPOUNDED annually for 15 years at a 3% interest rate.
What is the total value?
Round to the nearest WHOLE number.
(a)
Tags
CCSS.HSF.BF.A.2
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
$5000 COMPOUNDED annually for 15 years at a 3% rate.
What is the interest?
$7789
$7790
$5
$2790
3.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
$7500 deposit with simple interest for 8 years at a 2% rate.
What is the interest earned?
(a)
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
$7500 deposit with simple interest for 8 years at a 2% rate.
What is the total value?
$12,000
$8,700
$1,200
Tags
CCSS.7.RP.A.3
5.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
Alexa went to the bank and deposited $1,450. She decided that she was going to leave that money in her savings account for 30 years, because the bank was giving her such an amazing rate at 4.5%!!
How much money will Alexa make if she chooses to do compound interest?
Round to the nearest whole number.
(a)
Tags
CCSS.HSF-LE.A.1C
6.
FILL IN THE BLANK QUESTION
3 mins • 1 pt
Journie:
Deposits $5,500 for 15 years at 2% simple interest.
Baylee:
Deposits $2,000 for 20 years at 1.5% compound interest.
Who earns more money?
**HINT: be careful with your total values for each type of interest.
(a)
Tags
CCSS.7.RP.A.3
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
