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Simple and Compound Interest (Beginners)

Authored by Ashley Lantrip

Mathematics

6th - 8th Grade

CCSS covered

Used 6+ times

Simple and Compound Interest (Beginners)
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10 questions

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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?

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Tags

CCSS.7.RP.A.3

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