Chapter 7 Saving Money Mid Chapter Review

What is y when x = 40?

• About 92

• About 98

• About 155

• About 170

Tags

CCSS.HSF.LE.B.5

Simplify.

• about 601.36

• about 855.46

• about 7200.36

• about 13,978.85

Solve.

Round to the nearest hundredth.

27.8 = 1.55y

• y = 0.06

• y = 17.94

• y = 26.25

• y = 29.35

Tags

CCSS.6.EE.B.7

Dayna deposited $2700 into a savings account that pays a simple annual interest rate of 1.6%.

How much interest will she earn after 6 months?

• $21.60

• $49.20

• $259.20

• $281.25

Tags

CCSS.7.RP.A.3

Alexus deposited $1900 into a savings account that pays a simple annual interest rate of 1.8%.

How much interest will she earn after 9 months?

• $307.80

• $117.28

• $34.20

• $25.65

Tags

CCSS.7.RP.A.3

Edwin deposited money into a savings account that pays a simple annual interest rate of 1.4%. He earned $24.50 in interest after 5 years.

How much did he deposit?

• $122.50

• $350.00

• $875.00

• $1750.00

Tags

CCSS.7.RP.A.3

Colby deposited money into a savings account that pays a simple annual interest rate of 1.8%. He earned $334.80 in interest after 6 years.

How much did he deposit?

• $18,600.00

• $11,160.00

• $3100.00

• $2008.80

Tags

CCSS.7.RP.A.3

Brian deposited $9000 into a savings account for which interest is compounded monthly at a rate of 2.36%.

How much interest will he earn after 11 years?

• $214.71

• $416.03

• $2336.40

• $2664.73

Tags

CCSS.HSF-LE.A.1C

Kaiden deposited $6200 into a savings account for which interest is compounded weekly at a rate of 2.77%.

How much interest will he earn after 8 years?

• $1537.59

• $1373.92

• $201.31

• $174.09

Sophie deposited money into an account in which interest is compounded semiannually at a rate of 3.2%. She made no other deposits or withdrawals and the total amount in her account after 7 years was $13,987.17.

How much did she deposit?

• $9000

• $11,200

• $12,125

• $13,550