Simple and Compound Interest
Authored by Drake PryorNewman
Mathematics
8th Grade
CCSS covered
Used 397+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Your 3 year investment of $20,000 received 5.2% interest compounded annually. What is your total return?
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. What will be his balance after 15 year?
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Find the compound interest:
Principal: $1735
Interest Rate: 0.8%
Time: 1 year
Tags
CCSS.HSF.BF.A.2
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for simple interest?
5.
MATH RESPONSE QUESTION
30 sec • 1 pt
Garrison deposited $500 in an account that earns 5% annual interest compounded annually. If he makes no withdrawals or deposits, how much interest will the account earn after 4 years?
Mathematical Equivalence
ON
Tags
CCSS.HSF.BF.A.2
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mr. Diable invested $3,500 in a 7 year CD that pays 4.2% interest compounded annually. How much interest will the CD earn over the 7 years?
$147.00
$245.00
$1,168.12
$4,668.12
Tags
CCSS.HSF-LE.A.1C
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is the formula for calculating compound interest?
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.SSE.A.1
CCSS.HSF.BF.A.1
CCSS.HSF.LE.A.1
CCSS.HSF.LE.A.2
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?
Similar Resources on Wayground
20 questions
Real Life Graphs
Quiz
•
8th Grade
20 questions
Pythagorean Theorem Practice
Quiz
•
7th - 9th Grade
20 questions
Indices (terminology)
Quiz
•
8th - 10th Grade
20 questions
B) Mathematical System. Part 2
Quiz
•
8th Grade
20 questions
Decimals & Fractions
Quiz
•
6th - 8th Grade
15 questions
area of trapezoid
Quiz
•
8th - 12th Grade
15 questions
Term 3 Revision Challenge
Quiz
•
5th - 8th Grade
15 questions
Parts of Circle
Quiz
•
8th Grade
Popular Resources on Wayground
8 questions
2 Step Word Problems
Quiz
•
KG - University
20 questions
Comparing Fractions
Quiz
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
10 questions
Latin Bases claus(clois,clos, clud, clus) and ped
Quiz
•
6th - 8th Grade
22 questions
fractions
Quiz
•
3rd Grade
7 questions
The Story of Books
Quiz
•
6th - 8th Grade
Discover more resources for Mathematics
8 questions
2 Step Word Problems
Quiz
•
KG - University
20 questions
Slope from a Graph
Quiz
•
8th Grade
20 questions
Laws of Exponents
Quiz
•
8th Grade
20 questions
Graphing Inequalities on a Number Line
Quiz
•
6th - 9th Grade
13 questions
8th U5L2 - Intro to Functions
Quiz
•
8th Grade
12 questions
Linear vs NonLinear Functions
Quiz
•
8th Grade
20 questions
Product and Quotient Rule - Exponents
Quiz
•
8th Grade
10 questions
Finding Area and Circumference of a Circle
Interactive video
•
6th - 10th Grade