

Exploring Simple Interest Problems in Pre-Algebra
Interactive Video
•
Mathematics
•
6th - 10th Grade
•
Practice Problem
•
Hard
Standards-aligned
Aiden Montgomery
FREE Resource
Standards-aligned
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is added to Jared's initial deposit in the first bank offer?
$100
5% of the initial deposit
$500
1.5% interest annually
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If Jared deposits $500, which bank offer is more beneficial for him?
First bank
Second bank
Both are equal
Depends on the interest rate
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the simple interest Victoria earns over five years with a $300 deposit at 1.6% interest?
$4.8
$48
$240
$24
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much interest does Victoria earn in eight years on a $250 deposit at 2.5% interest?
$20
$50
$25
$200
Tags
CCSS.HSF.BF.A.2
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the total interest earned by Victoria on her $300 deposit over five years?
$24
$120
$240
$4.8 annually
Tags
CCSS.HSF.BF.A.2
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the interest rate for Maya's sister's loan of $3400 if she pays $102 in interest annually?
1.6%
3%
5%
2.5%
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the decimal equivalent of 1.5%?
0.15
1.5
15
0.015
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