Percent Error and Interest

Percent Error and Interest

7th Grade

8 Qs

quiz-placeholder

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Percent Error and Interest

Percent Error and Interest

Assessment

Quiz

Mathematics

7th Grade

Practice Problem

Hard

CCSS
7.RP.A.3, 6.RP.A.3C

Standards-aligned

Created by

Anthony Clark

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Zach​'s savings account earns 2.5​% simple interest per year. The balance in his savings account at the beginning of the year is ​$1,200. If Zach makes no deposits or withdrawals for a whole​ year, which is closest to the balance he should have in his savings account at the end of the​ year?

$3,000

$30

$1,450

$1,230

Tags

CCSS.7.RP.A.3

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Edward deposited $4,000 into a savings account 4 years ago. The simple interest rate is 2%. How much money did Edward earn in interest? What is his new account balance? YOU WILL CHOOSE 2 ANSWERS.

$320

$3,200

$3,680

$4,320

1,280,000

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

You estimate that 200 people attend a school concert. The actual attendance was 240.   What is the percent error?

20%

18%

16%

17%

Tags

CCSS.6.RP.A.3C

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

You guessed that the Chicago Cubs would win 95 games during the regular season. They actually won 103. What was your percent error? Round to the nearest tenth if necessary.

7.8%

7.7%

0.77%

0.78%

Tags

CCSS.6.RP.A.3C

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

You guess that Lebron James would score 35 points during the game. He actually scored 28. Find your percent error.

30%

33%

75%

25%

Tags

CCSS.6.RP.A.3C

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Sofia deposited $1,700 into a savings account that accumulates 1.8% interest. If she keeps the money in the account for 7 years, how much money will be in the account?

$214.20

$1,914.20

$21,420.00

$23,120.00

Tags

CCSS.7.RP.A.3

7.

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

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