
Math 7 (Q1-Q3)
Authored by Duran Duran
Mathematics
6th - 8th Grade
Used 2+ times

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17 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
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Kermit took out a 4 year loan for $5,500. He had to pay a total of $1,870 in interest payments. What rate did he pay for his loan?
85%
5.5%
8.5%
14%
3.
MULTIPLE CHOICE QUESTION
5 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?
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Anna invested $2,500 at an annual rate of 5%. How long will it take until Anna earns $1,125 in interest?
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is the interest rate if the principal is $32,000 and $9600 over six years.
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Sofia deposited $1,700 into a savings account that accumulates 1.8% interest. If she keeps the money in the account for 7 years, how much money will be in the account?
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
How much simple interest would be earned on a savings account of $4,500 at 5.5% interest per year after 24 months?
$594,000
$495
$49,500
$5,940
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