Simple interest Review station
Authored by Constanza Martinez Espinosa
Mathematics
8th Grade
Used 14+ times
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5 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
To find interest you must have the values of the following variables
P (principal)
d( Distance)
t (time)
r( interest rate)
v (speed)
2.
OPEN ENDED QUESTION
3 mins • Ungraded
Diego deposited $2,500 in his savings account, which earns 2.5% interest over 2 years. How much is the interest earned over the 2 years
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3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Mr. Stone borrowed a $5,000 from the bank. His bank charges a simple interest rate of 5.6%. How much did he pay back after 2.4 years?
$672
$67,200
$5,672
$5,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mr. Jones deposited $1,650 in his savings account. The account earns 3.5% interest over 12 years. How much is the total earned over the 12 years?
$2,300
$2,343
$ 693
$ 712
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If Janis borrowed $25,000 to buy a house. The simple interest rate from the bank is 16%. How much does she have to pay back in total after the 7 years?
$ 28,000
$53,000
$4,000
$2,800,000
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