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Simple Interest

Authored by Kristina Gonzalez

Mathematics

7th Grade

CCSS covered

Used 128+ times

Simple Interest
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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The simple interest formula is I=Prt. What does the t represent?

Principle

Interest

Time, in hours

Time, in years

Tags

CCSS.8.EE.C.7B

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the "I" in the interest formula stand for?

Principal

Interest

Rate

Time

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the "r" in the interest formula stand for?

Principal

Interest

Rate

Time

Tags

CCSS.8.EE.C.7B

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the "p" in the interest form stand for?

Principal

Interest

Rate

Time

Tags

CCSS.8.EE.C.7B

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Write the percent as a decimal 4.3%

4.3

0.43

0.043

4300

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Write the percent as a decimal 3.25%

0.0325

0.325

3250

32.5

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Write the percent as a decimal. 5%

5

0.5

0.05

500

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