Financial Responsibility Vocabulary
Authored by Paige Boron
Mathematics
8th Grade
CCSS covered
Used 1+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
A rule that finds how many years it takes to double and amount of money with a given interest rate
rule of 72
rule of 82
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Interest that is earned on both the principal and any interest that has been earned previously
simple interest
compound interest
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
the money earned on only the original amount invested
simple interest
compound interest
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
a fee paid for the use of money over time
interest
simple interest
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
the initial amount of money invested
interest
principal
Tags
CCSS.7.RP.A.3
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