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MAE1 07-08-23

Authored by Taylah Smith

Mathematics

12th Grade

Used 1+ times

MAE1 07-08-23
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the simple interest formula?

I=Pin

I=P/in

i=PIn

i=PIN

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the i stand for in the simple interest formula

interest calculated

Principal (money borrowed or invested)

interest rate as a decimal per a time period

number of time periods for which interest is calculated

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the P stand for in the simple interest formula

interest calculated

Principal (money borrowed or invested)

interest rate as a decimal per a time period

number of time periods for which interest is calculated

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the I stand for in the simple interest formula

interest calculated

Principal (money borrowed or invested)

interest rate as a decimal per a time period

number of time periods for which interest is calculated

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the n stand for in the simple interest formula

interest calculated

Principal (money borrowed or invested)

interest rate as a decimal per a time period

number of time periods for which interest is calculated

6.

MATH RESPONSE QUESTION

2 mins • 1 pt

Calculate the following amount correct to 2 decimal places.

35% of 90

31.5031.50

Mathematical Equivalence

ON

7.

MATH RESPONSE QUESTION

2 mins • 1 pt

Calculate the following amount correct to 2 decimal places.

49% of 600

294294

Mathematical Equivalence

OFF

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