In the simple interest formula
I = PRT
I represents the...
Simple Interest #2
12th Grade
•30 Qs
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Simple Interest #2
Quiz
•
Mathematics
•
12th Grade
•
Easy
Deborah Weems
Used 3+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest
Items
Initial
I don't know.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the simple interest formula
I = PRT
P represents the...
Payment
Principal
Packaging
Price
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the simple interest formula
I = PRT
R represents the...
Rate
Ratio
Rational
Rent
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the simple interest formula
I = PRT
T represents the...
Time
Tax
Traditional
Thesis
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Simple Interest
Time is ALWAY measured in...
Years
Months
Weeks
Days
Hours
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Simple Interest
Rates must be in...
decimal form
fraction form
percent form
whatever form the problem gives you.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest is the price you pay to borrow money or the return earned on an investment.
TRUE
FALSE
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