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Percent of Change and Simple Interest

Authored by Anthony Clark

Mathematics

7th Grade

CCSS covered

Percent of Change and Simple Interest
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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Kermit took out a 4 year loan for $5,500. He had to pay a total of $1,870 in interest payments. What rate did he pay for his loan?

85%

5.5%

8.5%

14%

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the interest earned on a savings account over 2 years, given a principal of $200 and a rate of 5%?

$5

$25

$20

$2

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Jaime wants to earn $500 in interest so she'll have enough to buy a used car. She puts $2,000 into an account that earns 2.5% interest. How long will she need to leave her money in the account to earn $500?

10 years

1 year

5 years

.1 years

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Anna invested $2,500 at an annual rate of 5%.  How long will it take until Anna earns $1,125 in interest?

5 years

8 years

10 years

9 years

Tags

CCSS.6.EE.B.7

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?

$120

$144

$1,200

$1,440

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Emilio borrows $1200 from a bank with 8% simple interest per year.  How much will he have to pay back total in 2 years?

$150

$192

$1350

$1392

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Find the PERCENT of change.
20 dogs to 5 dogs

Decrease 15%

Increase 15%

Increase 75%

Decrease 75%

Tags

CCSS.6.RP.A.3C

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