Ratios, Percents & Interest Rates
Quiz
•
Mathematics
•
8th - 11th Grade
•
Practice Problem
•
Hard
+6
Standards-aligned
Angela Truesdale
Used 226+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Find the total amount of interest if interest is compounded annually (once a year). Principle of $2750 at 8% for 2 years. (round to the nearest cent)
$220.50
$457.60
$660.60
$237.60
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The simple interest formula is i = P r t
What does the t represent?
Principle
Interest Rate
Number of times interest is compounded
Number of years
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Calculate the Simple Interest:
Principle : $350
Interest Rate : 2.5%
Time : 3 years
$7.50
$26.25
$87.50
$262.50
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The simple interest formula is i = P r t
The P represents the principle. Principle means . . .
the amount of money borrowed or deposited
the percent interest for this year
the amount taxed
the amount the bank awards you for being a customer at their bank
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Write the decimal as a percent: 0.37
37%
3.7%
0.37%
370%
Tags
CCSS.7.RP.A.2
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Daniel has dinner at a restaurant and the cost of his meal is $28.00. Because of the service, he wants to leave a 20% tip. What is his total bill including tip?
33.60
40.00
24.60
30.50
Tags
CCSS.6.RP.A.3C
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