
Simple Interest Formula Test
Authored by Matthew Klem
Mathematics
7th Grade
CCSS covered
Used 36+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
John invests $600 in a savings account. The account earns 5% annual interest. What is the amount of interest earned after 2 years?
John invierte $600 en una cuenta de ahorros. La cuenta genera un interés anual del 5%. ¿Cuánto interés genera después de 2 años?
$30
$60
$90
$660
Tags
CCSS.HSF.BF.A.2
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Stasia invests $5200 in a savings account. It earns 7% annual interest. What is the account balance after 54 months?
Stasia invierte $5200 en una cuenta de ahorros. Gana un 7% de interés anual. ¿Cuál es el saldo de la cuenta después de 54 meses?
$1638
$6838
$8476
$10114
3.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Laurita invests $1500 in a savings account. The account earns 8% annual interest. What is the amount of interest earned after 42 months?
Laurita invierte $1500 en una cuenta de ahorros. La cuenta genera un 8% de interés anual. ¿Cuánto interés genera después de 42 meses?
Tags
CCSS.HSF.BF.A.2
4.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Damien invests $3000 in a savings account. It earns 8% annual interest. What is the balance of the account after four years?
Damien invierte $3000 en una cuenta de ahorros. Gana un 8% de interés anual. ¿Cuál es el saldo de la cuenta después de cuatro años?
Tags
CCSS.HSF.BF.A.2
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Juan invests $400 in a savings account. If the account earns $24 in simple interest after 2 years, what is the annual interest rate?
Juan invierte $400 en una cuenta de ahorros. Si la cuenta genera $24 en intereses simples después de 2 años, ¿cuál es la tasa de interés anual?
3%
4%
5%
6%
Tags
CCSS.6.EE.A.2C
6.
FILL IN THE BLANK QUESTION
15 mins • 1 pt
Nikita invests $2000 in a savings account. If the account earns $150 in simple interest after 15 months, what is the annual interest rate?
Nikita invierte $2000 en una cuenta de ahorros. Si la cuenta genera $150 en intereses simples después de 15 meses, ¿cuál es la tasa de interés anual?
Tags
CCSS.6.EE.B.7
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
How long will it take to earn $1400 in simple interest when you invest $4000 at 7% annual interest?
¿Cuánto tiempo tomará ganar $1400 en interés simple cuando inviertes $4000 al 7% de interés anual?
3 years
4 years
5 years
6 years
Tags
CCSS.6.EE.B.6
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
21 questions
6th grade Topic 4 Review
Quiz
•
6th - 7th Grade
15 questions
การออมและการลงทุน
Quiz
•
7th - 12th Grade
17 questions
One Step + and - Equations
Quiz
•
6th - 7th Grade
20 questions
I start at... I grow by...
Quiz
•
7th - 10th Grade
18 questions
7th Grade Targets G, H, I Practice
Quiz
•
7th Grade
16 questions
Algebra Revision
Quiz
•
6th - 8th Grade
15 questions
Solving One-Step Equations
Quiz
•
6th - 8th Grade
14 questions
Percent Change, Markup, Discount
Quiz
•
7th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
54 questions
Analyzing Line Graphs & Tables
Quiz
•
4th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
Discover more resources for Mathematics
22 questions
distributive property
Quiz
•
7th Grade
18 questions
Angle Relationships
Quiz
•
7th Grade
20 questions
How Some Friendships Last — and Others Don’t Video Questions
Quiz
•
7th Grade
18 questions
Handbook Refresher Quiz
Quiz
•
7th Grade
20 questions
Graphing Inequalities on a Number Line
Quiz
•
6th - 9th Grade
20 questions
graphing inequalities
Quiz
•
6th - 7th Grade
16 questions
Adding and Subtracting Integers
Quiz
•
7th Grade
20 questions
Angles: Complementary/Supplementary/ Vertical/ Adjacent
Quiz
•
7th Grade