Percent Change and Simple Interest

Sarah has $45,000 in student loans. if there is a 6% interest rate, how much will she pay back in interest over 10 years? 

• $27,000

• $72,000

• $270,000

• $315,000

Tags

CCSS.7.RP.A.3

Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?

• $800

• $1,000

• $1,200

• $1,500

Tags

CCSS.7.RP.A.3

Ann puts $300 in a bank account earning 4% interest. How much will she earn in interest in 1 year?

Tags

CCSS.7.RP.A.3

Find the percent of change from 10 inches to 14 inches.

Tags

CCSS.6.RP.A.3C

Find the percent of change from 48 to 36.

Tags

CCSS.6.RP.A.3C

Find the percent of change.

From 24 teachers to 30 teachers.

• 25% decrease

• 25% increase

• 20% decrease

• 20% increase

Tags

CCSS.6.RP.A.3C

A McDonald's cheeseburger cost $0.79 in 1999. Today a cheeseburger costs $1.00. What is the percent change?

• 21% increase

• 26.58% increase

• 26.58% decrease

• 21% decrease

Tags

CCSS.6.RP.A.3C

If you are calculating the simple interest and you are given the time in months, how can you find the time in years?

• Add 12 to the months

• Divide the months by 12

• Multiply 12 times the months

• You cannot change it to months.

Tags

CCSS.7.RP.A.3

What is the formula for simple interest?

• P(1+r)^t

• Prt

• P(1+r)t

• Prt

Tags

CCSS.7.RP.A.3

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