End of MOD Exam

A Cup of Lemonade costs Shawn $0.20 to make.

Shawn sells a cups of lemonade at a mark-up of 450%.

What is the retail price of the cup of lemonade?

• $4.70

• $0.95

• $1.10

• $0.65

Tags

CCSS.6.RP.A.3C

Noor deposits $150 into a bank account with an annual simple interest rate of 1.9%.

How much interest will Noor earn in one year?

Tags

CCSS.7.RP.A.3

Part A: Liam has dinner at a restaurant. The subtotal for the dinner, before tax, is $9.79.

Liam leaves the servers a tip of 18% of the subtotal.

What is the total cost, including the tip?

• $11.55

• $1.76

• $27.79

• $17.62

Tags

CCSS.6.RP.A.3C

Liam has dinner at a restaurant. The subtotal for the dinner, before tax, is $9.79.

Liam leaves the servers a tip of 18% of the subtotal.

What is the total cost, including the tip?

Part B - The Tax rate is 7.7% of the original subtotal.

What is the total amount of Liam's bill, including the tax and tip?

• $123.00

• $12.30

• $30.12

• $13.20

Tags

CCSS.6.RP.A.3C

In the equation

I = PRT

Time is always measured in ....?

Tags

CCSS.7.RP.A.3

In the equation

I = PRT

What does the "R" stand for...

• Real Money

• Risk

• Rate

• Interest

Tags

CCSS.6.EE.B.7

It takes Ava 3 years to pay off a simple interest loan. The bank charges an annual rate of 7.5%.

If Ava paid $450 in interest, how much is the principal?

Use The Formula : ( I = PRT )

Tags

CCSS.6.EE.B.7

If you invest $500 at a rate of 4% for 1 year, what is the simple interest earned?

• $20

• $25

• $15

• $10

Tags

CCSS.7.RP.A.3