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Vocab Simple and Compound Interrest

Authored by JENNIFER CAVALIER

Mathematics

6th - 8th Grade

CCSS covered

Used 6+ times

Vocab Simple and Compound Interrest
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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the variable p stand for in I = prt?

price

principal

perimeter

primary

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the variable I stand for in I = prt?

interesting

insert

interest

inflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the variable r stand for in A = P(1 +rn)ntA\ =\ P\left(1\ +\frac{r}{n}\right)^{nt}

ratio

reciprocal

rational number

rate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the variable n stand for in A = P(1 +rn)ntA\ =\ P\left(1\ +\frac{r}{n}\right)^{nt}

number

number of times it compounds

number of interest rates

number of loans

Tags

CCSS.HSF-LE.A.1C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Write 2.5% as a decimal

2.5

0.25

0.025

0.0025

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many years is 3 months?

0.25

0.5

.3‾\overline{.3}

0.75

Tags

CCSS.3.NF.A.3C

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula to find simple interest?

P = irt

I = prt

I = brt

I = pyt

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