Calculating Simple Interest
Authored by Teresa Shepard
Mathematics
8th Grade
CCSS covered
Used 45+ times
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18 questions
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1.
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?
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?
Tags
CCSS.HSF.BF.A.2
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The simple interest formula is I=Prt. What does the t represent?
Tags
CCSS.8.EE.C.7B
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Convert 18 months to years.
Tags
CCSS.4.MD.A.1
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Write the decimal as a percent.
0.37
Tags
CCSS.5.NBT.A.2
CCSS.5.NBT.A.3
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the "I" in the interest formula stand for?
Tags
CCSS.7.RP.A.3
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