Simple Interest Percent Change
Authored by Anthony Clark
Mathematics
7th Grade
CCSS covered
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11 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Olivia would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% simple interest. If she spent $7400 on furniture, how much will she have paid in total after 8 years?
$5624
$13,024
$56,240
$1302.40
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Emily’s parents put $1500 in her bank account for college tuition at a simple interest rate of 8.25%. What will be the balance after 18 years?
$22,275
$2227.50
$12,375
$3727.50
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Christian opened a savings account with $3250. His account will earn 5.2% simple interest. How much money will be in his account after 6 years?
$4,264.00
$1,104.00
$1,100.00
$4,400.00
Tags
CCSS.7.RP.A.3
4.
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
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Tracy put $3500 into an investment account that earns 4.5% annual interest. She left the money for 8 years. How much interest did she get in those 8 years?
$1260
$4760
$2240
$1860
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A bank is offering a savings account that earns 1.5% interest every year. If you deposit $500 =, how much total money would you have after 3 years?
$2250
$225
$22.50
$522.50
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A percent of an amount borrowed that is paid to the lender in addition to the amount borrowed
Percent Increase
Percent decrease
Simple Interest
Tags
CCSS.7.RP.A.3
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