TEKS.MATH.7.13E

TEKS.MATH.7.13E

7th Grade

20 Qs

quiz-placeholder

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TEKS.MATH.7.13E

TEKS.MATH.7.13E

Assessment

Quiz

Mathematics

7th Grade

Hard

TEKS
MATH.7.13E, MATH.7.4D

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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Find the total amount of interest to the nearest cent if the interest is compounded annually. 
$2750 at 8% for 2 years

$220.50
$457.60
$660.60
237.60

Tags

TEKS.MATH.7.13E

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Starting money = $350.
Interest rate = 2.5%
TIme = 3 years.
How much interest?

$7.50
$26.25
$87.5
$262.50

Tags

TEKS.MATH.7.13E

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

If the balance at the end of eight years on an investment of $630 that has been invested at a rate of 9%, how much was the interest?

$453.60
$523.75
$633.55
$357.50

Tags

TEKS.MATH.7.4D

TEKS.MATH.7.13E

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Bruno was given $2000 when he turned 3 years old.  His parents invested it at a 2% interest rate compounded annually.  No deposits or withdrawls were made.  Which expression can be used to determine how much money Bruno had in the account when he turned 16? 

2000(1+0.02)13
2000(1-0.02)13
2000(1+0.02)16
2000(1-0.02)16

Tags

TEKS.MATH.7.4D

TEKS.MATH.7.13E

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the "r" in the interest formula stand for?

Principal
Interest
rate
time

Tags

TEKS.MATH.7.13E

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Principal and Interest are always___________.

fraction
decimal
percent
money

Tags

TEKS.MATH.7.13E

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Sarah borrowed $18,000 for 4 years at an annual simple interest rate of 7%.  How much interest will she pay at the end of the 4 years?

$5040
$23040
$504000
$18000

Tags

TEKS.MATH.7.4D

TEKS.MATH.7.13E

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