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3/28 Interest Warm Up

Authored by Jeffrey Segrest

Social Studies

12th Grade

Used 3+ times

3/28 Interest Warm Up
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4 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Change 6.5% to a decimal

.65

6.5

.065

.065%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Change 18% to a decimal

18

.18

.018

.18%

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?

95
105
125
135

4.

MULTIPLE CHOICE QUESTION

3 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?

$150
$192
$1350
$1392

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