Simple and Compound Interest (Beginners)

Simple and Compound Interest (Beginners)

6th - 8th Grade

10 Qs

quiz-placeholder

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Simple and Compound Interest (Beginners)

Simple and Compound Interest (Beginners)

Assessment

Quiz

Mathematics

6th - 8th Grade

Medium

CCSS
7.RP.A.3, 8.EE.C.7B, HSF.BF.A.2

+1

Standards-aligned

Created by

Ashley Lantrip

Used 6+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 10 pts

Find the COMPOUND interest of $4000 at 3% for 4 years.

2340.22

4502.04

1213.65

962.12

Tags

CCSS.HSF.BF.A.2

2.

MULTIPLE CHOICE QUESTION

5 mins • 10 pts

Find the simple intrest of $34100 at 4% for 3 years

$4,092

$7,964.90

$3,894

Not Here

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

5 mins • 10 pts

Find the simple interest when $200 is invested at 5% for 3 years

$400

$250

$50

$30

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

5 mins • 10 pts

Find the final amount when $450 is invested at 10% compound interest for 3 years

$800

$500

$463.63

$320.56

5.

MULTIPLE CHOICE QUESTION

5 mins • 10 pts

Find the final amount when $430 is invested at 10% compound interest for 4 years.

$447.45

$1,000.65

$786.98

Not Here

Tags

CCSS.HSF-LE.A.1C

6.

MULTIPLE CHOICE QUESTION

5 mins • 10 pts

Find the simple interest when $500 is invested at 5% for 3 years

$50

$75

$100

$200

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

5 mins • 10 pts

  1. What is the simple interest formula?

Media Image
Media Image
Media Image
Media Image

Tags

CCSS.7.RP.A.3

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