Simple and compound interest

Quiz
•
Mathematics
•
7th Grade
•
Medium
+17
Standards-aligned
Andrew Simmons
Used 146+ times
FREE Resource
21 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The simple interest formula is I=Prt. The P represents the principle. The principle is ___________________.
the amount of money borrowed or deposited
the percent interest for his year
the amount taxed
the amount the bank owes you for being a customer at their bank
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The simple interest formula is I=Prt. What does the t represent?
Principle
Interest
Time
Percent Rate
Tags
TEKS.MATH.8.8C
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The simple interest formula is I=Prt. What does the t represent?
Principle
Interest
Time
Percent Rate
Tags
TEKS.MATH.7.4D
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
4.3%
Tags
CCSS.7.NS.A.3
CCSS.7.RP.A.3
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