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Chapter 11 Review Quizizz

Total questions: 40

Worksheet time: 3hrs 16mins

Name
Class
Date
1.

Find the interest

p= $34,100

r = 4%

t = 3 years

a)

4092

b)

40920

c)

4324

d)

3254

2.

Find the interest

p= $34,100

r = 4%

t = 3 years

a)

4092

b)

40920

c)

4324

d)

3254

3.

Rachel invested $2,700 in a savings account earning 7% simple interest. If she invests for 2 years, how much money will she have in TOTAL?

(Interest + principal)

a)

$3,078

b)

$378

c)

$40,500

d)

$4536

4.
Maria borrowed $3,000 at a simple interest rate of 4% per year.  How much did she have to repay after 4 years?
a)

$3480

b)

$5,000

c)
$4,800
d)
$7,800
5.

Find the simple interest earned for principal of $2,000 at and 8% rate for 5 years.

a)

$160

b)

$800

c)

$80,000

d)

$16

6.
Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?
a)
95
b)
105
c)
125
d)
135
7.
Starting money = $350.
Interest rate = 2.5%
TIme = 3 years.
How much interest?
a)
$7.50
b)
$26.25
c)
$87.5
d)
$262.50
8.

Violeta Orpilla invested $4000 in an account that earns 5% interest yearly (simple interest). She forgets about it for 12 years. How much will be in the account after all that time?

a)

$2400

b)

$6400

c)

$4400

d)

$2200

e)

$6200

9.

Marcus plans to deposit $20,000 into a savings account.

Bedford Bank offers a rate of 4% simple interest for five years. How much interest is earned?

a)

$2460

b)

$4000

c)

$5204

d)

$4094

10.
Starting money = $350.
Interest rate = 2.5%
TIme = 3 years.
How much interest?
a)
$7.50
b)
$26.25
c)
$87.5
d)
$262.50
11.
Principal = $800
Interest Rate = 3.5%
Time = 6 months
Find the interest earned.
a)
14
b)
140
c)
168
d)
16.80
12.
Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?
a)
$120
b)
$144
c)
$1,200
d)
$1,440
13.

Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays a simple interest rate of 3.8%. What will be the amount of interest earned after 15 years?

a)

$3182.50

b)

$270.75

c)

$2707.50

d)

$745.75

14.

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?

a)

$22,275

b)

$2227.50

c)

$12,375

d)

$3727.50

15.

Mark took out a loan for $25,690 to purchase a new truck at a simple interest rate of 5.2%. How much interest will he pay on his truck after 5 years?

a)

$6,679.40

b)

$32,369.40

c)

$66,794

d)

$679.40

16.

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?

a)

$5624

b)

$13,024

c)

$56,240

d)

$1302.40

17.

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?

a)

$5624

b)

$13,024

c)

$56,240

d)

$1302.40

18.

The Henley’s took out a new home loan for $195,000 at a simple interest rate of 4.3%. How much will they pay in interest after 30 years?

a)

$446,550

b)

$2515.50

c)

$25,155

d)

$251,550

19.

Riley invested $1,000 in a savings account. If the account earns 6.75% simple interest, what is the balance in her account after 15 years?

a)

$1,012.50

b)

$10,012.50

c)

$2,012.50

d)

$201.25

20.

Howard borrowed $4,000 from the bank at an interest rate of 8%. He has to pay it back in 2 years. How much interest will he pay?

a)

$640

b)

$64

c)

$74

d)

$460

21.

Your 3 year investment of $20,000 received 5.2% interest compounded annually. What will your total balance be at the end?

a)

$23,285.05

b)

$3,285.05

c)

$2,385

d)

$32,285

22.
You borrowed $59,000 for 2 years at 11% which was compounded annually.  What total will you pay back?
a)
$13,693.90
b)
$1,363.90
c)
$72,693.90
d)
$73,793.90
23.
Your 6 year investment of $40,000 at 14% interest compounded annually is worth how much now?
a)
$47,798.90
b)
$87,798.90
c)
$127,798
d)
$7,798
24.
The Arnold's took out a loan for $195,000 to purchase a home. At 4.3% interest rate compounded annually, how much will they have paid after 30 years?
a)
$412,749.79
b)
$529.305.61
c)
$689,546.99
d)
$640,891.53
25.
Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.
a)
$12712.31
b)
$12,749.30
c)
$12,657.59
d)
$12550.84
26.
The Arnold's took out a loan for $195,000 to purchase a home. At 4.3% interest rate compounded annually, how much will they have paid after 30 years?
a)
$412,749.79
b)
$529.305.61
c)
$689,546.99
d)
$640,891.53
27.
Your 6 year investment of $40,000 at 14% interest compounded annually is worth how much now?
a)
$47,798.90
b)
$87,798.90
c)
$127,798
d)
$7,798
28.

Olivia would like to buy some new furniture for her home. She decides to buy the furniture on credit with 9.5% interest compounded quarterly. If she spent $7,400, how much total will she have paid after 8 years?

a)

$11,255.37

b)

$15,683.28

c)

$8.928.59

d)

$16,349.72

29.

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?

a)

$337.56

b)

$1837.56

c)

$1663.08

d)

$1843.88

30.

Sarah borrowed $18,000 for 4 years at an annual simple interest rate of 7%. What is the total amount she will repay for the car loan?

a)

$504000

b)

$5040

c)

$23040

d)

$18000

31.

Find the value of the following: 34

a)

12

b)

27

c)

81

d)

120

32.

Find the value of the following: (1/4)3

a)

64

b)

1/64

c)

-64

d)

-12

33.

Find the value of the following: (15)3\left(\frac{1}{5}\right)^{-3}

a)

1125\frac{1}{125}

b)

125-125

c)

125

d)

-15

34.

Find the value of the following: (13)4\left(\frac{1}{3}\right)^{-4}

a)

-81

b)

81

c)

181\frac{1}{81}

d)

181\frac{1}{-81}

35.

Find the value of the following: (15)2\left(\frac{1}{5}\right)^{-2}

a)

125\frac{1}{25}

b)

125-\frac{1}{25}

c)

25

d)

10

36.

Find the value of the following: (13)3\left(\frac{1}{3}\right)^3

a)

27

b)

127\frac{1}{27}

c)

-27

d)

127-\frac{1}{27}

37.

Find the value of the following: 303^0

a)

0

b)

3

c)

1/3

d)

1

38.

Find the value of the following: (14)2\left(\frac{1}{4}\right)^{-2}

a)

8

b)

-8

c)

1/16

d)

16

39.

Find the value of the following: (7)3\left(7\right)^{-3}

a)

343

b)

-343

c)

1343\frac{1}{343}

d)

1343-\frac{1}{343}

40.

Find the value of the following: 323^{-2}

a)

-9

b)

19\frac{1}{9}

c)

19-\frac{1}{9}

d)

-6