Consumer Arithmetic Graded Classwork
9th - 11th Grade
•25 Qs
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Consumer Arithmetic Graded Classwork
Quiz
•
Mathematics
•
9th - 11th Grade
•
Practice Problem
•
Medium
+14
Standards-aligned
Peta-Gay McCarthy
Used 26+ times
FREE Resource
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25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Find the simple interest earned for principal of $2,000 at and 8% rate for 5 years.
$160
$800
$80,000
$16
Tags
CCSS.HSF.BF.A.2
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Find the simple interest earned when the principal is $500 at a rate of 10% held in the bank for 8 months.
$33.50
$40,000
$50
$400
Tags
CCSS.HSF.BF.A.2
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Find the simple interest paid on a loan of $1,500 at a rate of 19% 15 months.
$356.25
$427,500
$4,275
$285
Tags
CCSS.HSF.BF.A.2
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Kermit took out a 4 year loan for $5,500. He had to pay a total of $1,870 in interest payments. What rate did he pay for his loan?
85%
5.5%
8.5%
14%
Tags
CCSS.HSA.CED.A.1
CCSS.HSA.CED.A.4
CCSS.HSA.REI.B.3
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?
$150
$192
$1350
$1392
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Jerry borrowed $4,000 for 5 years at 6% simple interest rate. What will the value of Jerry's account be after 5 years?
$520,000
$120,000
$5,200
$1,200
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
True of False: Before you can calculate INTEREST your time must be in MONTHS!
Tags
CCSS.7.RP.A.3
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