
Interest
Authored by Angela Pope
Mathematics
8th Grade
CCSS covered
Used 15+ times

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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The simple interest formula is I=Prt. What does the t represent?
Tags
CCSS.8.EE.C.7B
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What does the "r" in the interest formula stand for?
Tags
CCSS.8.EE.C.7B
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What does the "p" in the interest formula stand for?
Tags
CCSS.8.EE.C.7B
4.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
True of False: Before you can calculate INTEREST your time must be in MONTHS!
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the formula for simple interest?
Tags
CCSS.8.EE.C.7B
6.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Steve deposited
$5,000 in a savings account that pays 4% interest compounded annually. Which
equation could be used to find the value of the account after 3 years?
A = 5,000(1 + 4)3
A = 5,000(1 + 0.04)3
A = 5,000(1 + 0.4) x 3
A = 5,000(0.04)3
7.
MULTIPLE CHOICE QUESTION
5 mins • 5 pts
David
invests $10,000 in a savings account that pays 3.5% simple interest. If David
makes no withdrawals or deposits to the account, how much will be in the
account after 7 years.
$2,450
$11,750
$12,450
Not here
Tags
CCSS.7.RP.A.3
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