Simple and Compound Interest (Beginners)

Simple and Compound Interest (Beginners)

Assessment

Flashcard

Mathematics

6th - 8th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

Find the COMPOUND interest of $4000 at 3% for 4 years.

Back

4502.04

2.

FLASHCARD QUESTION

Front

Find the simple interest of $34100 at 4% for 3 years

Back

$4,092

3.

FLASHCARD QUESTION

Front

Find the simple interest when $200 is invested at 5% for 3 years

Back

$30

4.

FLASHCARD QUESTION

Front

Find the final amount when $450 is invested at 10% compound interest for 3 years.

Back

$463.63

5.

FLASHCARD QUESTION

Front

Find the final amount when $430 is invested at 10% compound interest for 4 years.

Back

$447.45

6.

FLASHCARD QUESTION

Front

Find the simple interest when $500 is invested at 5% for 3 years

Back

$75

7.

FLASHCARD QUESTION

Front

What is the simple interest formula?

Back

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