Interest Calculation Quiz  Pt. 1

Interest Calculation Quiz Pt. 1

11th Grade

23 Qs

quiz-placeholder

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Interest Calculation Quiz  Pt. 1

Interest Calculation Quiz Pt. 1

Assessment

Quiz

Mathematics

11th Grade

Easy

Created by

Roy Sveiven

Used 1+ times

FREE Resource

23 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

If you borrow $112 for seven years at an interest rate of 9%, how much interest will you pay?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

If you put $196 into a savings account that earns 9%, how much interest will you receive at the end of six years?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

If you put $782 into a savings account that earns 9%, how much interest will you receive at the end of four years?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

How much interest is earned on $568 at 9% for six years?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

*(EC)How much principal must be invested to earn $128.00 in five years at an interest rate of 5%?

Evaluate responses using AI:

OFF

6.

OPEN ENDED QUESTION

3 mins • 1 pt

*(EC)How much principal must be invested to earn $154.60 in five years at an interest rate of 4%?

Evaluate responses using AI:

OFF

7.

OPEN ENDED QUESTION

3 mins • 1 pt

If you put $367 into a savings account that earns 9%, how much interest will you receive at the end of three years?

Evaluate responses using AI:

OFF

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