Search Header Logo

Calculating Simple and Compound Interest

Authored by Mia Hahn

Mathematics

9th Grade

CCSS covered

Used 8+ times

Calculating Simple and Compound Interest
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Javier deposited $5000 in a savings account with a simple interest rate of 5.5% per year. After 3 years, the total amount in his account was $__________.

5825

8250

15750

5500

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Javier invested $4000 in a savings account with a simple interest rate of 6% per year. After 4 years, the total amount in his account was $__________.

4960

6240

9600

6400

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Emily deposited $850 in a savings account that compounds annually with an interest rate of 4.8% per year. After 10 years, the total amount in her account was $__________.

1358.41

1450.89

1320.45

Tags

CCSS.HSF-LE.A.1C

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Emily invested $900 in a savings account that compounds annually with an interest rate of 5% per year. After 8 years, the total amount in her account was $__________.

1329.71

1400.56

1350.31

1337.74

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You invest $5000 in a savings account with an annual interest rate of 4% compounded quarterly. Calculate the total amount in the account after 10 years.

7401.22

7453.47

7444.32

7500.00

Tags

CCSS.HSF-LE.A.1C

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You deposit $6000 in a savings account with an annual interest rate of 3.5% compounded quarterly. Calculate the total amount in the account after 8 years.

7831.45

7929.12

8000.89

8104.12

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tags

CCSS.HSF.BF.B.3

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?