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Percent and Interest Rate

Authored by Anthony Clark

Mathematics

7th Grade

CCSS covered

Used 2+ times

Percent and Interest Rate
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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If you invest $100 at an interest rate of 5% per year, how much interest will you earn in one year?

$4

$5

$6

$7

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If you have $200 and you earn 10% interest, how much money will you have in total after one year?

$210

$220

$230

$240

Tags

CCSS.6.RP.A.3C

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A bank offers an interest rate of 3% per year. How much interest will you earn on a $500 deposit after one year?

$10

$15

$20

$25

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If you have $400 and you earn 8% interest, how much money will you have in total after one year?

$420

$432

$440

$448

Tags

CCSS.6.RP.A.3C

5.

OPEN ENDED QUESTION

1 min • Ungraded

Media Image

Jane deposited $22,000 at a bank that pays 10% interest. Bill deposited $16,000 at a bank that pays 16% interest. Who will receive more interest in a year, and by how much more?

Evaluate responses using AI:

OFF

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

You lend $240 to your friend. He pays you back $270 in one year . What interest rate did you charge your friend?

88%

20%

12.5%

10%

Tags

CCSS.6.RP.A.3C

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

You lend $240 to your friend.  He pays you back $270.  What interest rate did you charge your friend?

88%

20%

12.5%

10%

Tags

CCSS.6.RP.A.3C

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