FLASHCARD 15 SIMPLE AND COMPOUND INTEREST

Front

QUESTION 1
Options: A, B, C, D

Back

B

Front

QUESTION 2
Options: F, G, H, J

Back

F

Front

QUESTION 3

Back

B

Front

QUESTION 4
Options: F, G, H, J

Back

F

Front

QUESTION 5

Back

C

Tags

SIMPLE INTEREST

Front

QUESTION 6

Back

D

Front

QUESTION 7

Back

J

Front

Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?

Back

$1392

Front

In the simple interest formula I=Prt, what does the t represent?

Back

Time

Front

compound

Back

principle added into the interest