Simple & Compound Interest (Mix)
Quiz
•
Mathematics
•
8th Grade
•
Practice Problem
•
Medium
Standards-aligned
Leigh Raymond
Used 5+ times
FREE Resource
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7 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Joe deposited $153 in an account that earns 2.1% annual simple interest for five years. Joe will not make any additional deposits or withdrawals. How much interest has Joe earned?
$6.24
$1606.50
$16.07
$169.07
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much interest does Debbie earn off of a $82 investment at 1.3% compound interest over three years if she does not make any other deposits or withdrawals?
$3.24
$915.69
$997.69
$85.24
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bill borrowed $153 at a rate of 4.2% annual simple interest for sixty months. How much total will Bill have to repay?
$32.13
$185.13
$3366
$3213
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much total money does Peggy have after a $321 investment at 2.8% compound interest after thirty-six months if she does not make any other deposits or withdrawals?
$17292.91
$27.73
$17613.91
$348.73
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Brent put $96 into an investment at 4.3% annual simple interest for six years. Brent will not make any additional deposits or withdrawals. What will the interest be at the end of six years?
$2572.80
$120.77
$24.77
$2476.80
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you invest $823 at a compound interest rate of 3%, how much interest will you have earned after nine years if you do not make any other deposits or withdrawals?
$250.83
$2157.44
$1073.83
$1334.44
Tags
CCSS.HSF.BF.A.2
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
$754.48
$182
$1659.32
$2136.48
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