
7.7 Practice - Simple & Compound Interest
Authored by Katie Perillat
Mathematics
6th Grade
CCSS covered
Used 4+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When calculating
interest, how do you write the percent?
a fraction
a decimal
a round number
not enough information
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The simple interest formula is I=Prt. What does the t represent?
Principle
Interest
Time
Percent Rate
Tags
CCSS.8.EE.C.7B
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What does the "I" in the interest formula stand for?
Tags
CCSS.7.EE.B.4A
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A bank is offering 7% annual compound interest on a savings account. If you deposit $1,500, what will be the total amount of money in your savings account after three years?
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The rate is given as a percent (%). Before using it in the simple interest formula, you must first convert it to a______.
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A bank is offering 2.5% simple interest on a savings account. If you deposit $5,000, how much interest will you earn in three years?
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Sarah borrowed $18,000 for 4 years at an annual simple interest rate of 7%. How much interest will she pay at the end of the 4 years?
Tags
CCSS.7.RP.A.3
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
13 questions
PLACE VALUE 9 DIGITS
Quiz
•
6th Grade
11 questions
DECIMALES
Quiz
•
6th Grade
9 questions
مراجعه من الهيكل خامس مدرسه حماية بنات
Quiz
•
5th Grade - University
12 questions
OpenUp 6th Math 1.18 Practice Problems and Vocab
Quiz
•
6th Grade
10 questions
MEDIDAS DE SUPERFICIE 6TO
Quiz
•
6th Grade
10 questions
Ôn tập cuối chương I Đại số BÀI 1
Quiz
•
6th Grade
12 questions
Choosing suitable units
Quiz
•
6th Grade
15 questions
6.SINIF - KESİRLER
Quiz
•
6th Grade
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for Mathematics
20 questions
Writing Algebraic Expressions
Quiz
•
6th Grade
20 questions
Ratios/Rates and Unit Rates
Quiz
•
6th Grade
20 questions
Graphing Inequalities on a Number Line
Quiz
•
6th - 9th Grade
20 questions
One Step Equations
Quiz
•
6th Grade
10 questions
Solving One Step Inequalities
Quiz
•
6th Grade
15 questions
Equivalent Ratios
Quiz
•
6th Grade
16 questions
2022 Winter Olympics Medal Table
Passage
•
6th - 8th Grade
20 questions
Writing Ratios & Identifying Equivalent Ratios
Quiz
•
6th Grade