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Interest Calculation Quiz

Authored by Adolfo Anaya

Mathematics

10th Grade

30 Questions

CCSS covered

Used 1+ times

Interest Calculation Quiz
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much interest does a $318 investment earn at 9% over one year?

$28.62

$25.00

$30.00

$35.00

Tags

CCSS.HSF.BF.A.2

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you borrow $675 for six years at an interest rate of 10%, how much interest will you pay?

$405

$350

$450

$500

Tags

CCSS.HSF.BF.A.2

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you borrow $421 for nine years at an interest rate of 4%, how much interest will you pay?

$151.56

$120.00

$160.84

$140.00

Tags

CCSS.HSF.BF.A.2

4.

MULTIPLE CHOICE QUESTION

30 sec • 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% is $1,083.60, how much was the interest?

$453.60

$400.00

$500.00

$350.00

Tags

CCSS.HSF.BF.A.2

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you borrow $225 for eight years at an interest rate of 6%, how much interest will you pay?

$108

$120

$150

$180

Tags

CCSS.HSF.BF.A.2

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the balance at the end of eight years on an investment of $230 that has been invested at a rate of 3% is $285.20, how much was the interest?

$55.20

$50.00

$45.20

$60.00

Tags

CCSS.HSF.BF.A.2

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much interest does a $407 investment earn at 6% over seven years?

$170.94

$150.00

$200.00

$180.00

Tags

CCSS.HSF.BF.A.2

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