Simple Interest 2022

Flashcard
•
Mathematics
•
7th - 8th Grade
•
Hard
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20 questions
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1.
FLASHCARD QUESTION
Front
Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?
Back
125
2.
FLASHCARD QUESTION
Front
Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?
Back
$120
3.
FLASHCARD QUESTION
Front
Jenna borrowed $5,000 for 3 years and paid $1,350 simple interest. What rate of interest did she pay?
Back
9%
4.
FLASHCARD QUESTION
Front
Convert 18 months to years.
Back
1.5 Years
5.
FLASHCARD QUESTION
Front
Write the decimal as a percent.
0.37
Back
37%
6.
FLASHCARD QUESTION
Front
Write the percent as a decimal: 4.3%
Back
.043
7.
FLASHCARD QUESTION
Front
What does the "I" in the interest formula stand for?
Back
Interest
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