Simple Interest Quiz

Simple Interest Quiz

9th - 12th Grade

15 Qs

quiz-placeholder

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Simple Interest Quiz

Simple Interest Quiz

Assessment

Quiz

Mathematics

9th - 12th Grade

Medium

Created by

Robert Ward

Used 1+ times

FREE Resource

15 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

How long must the principal $217 be invested at a rate of 6% to earn $78.12 in interest?

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

How much Interest is earned on a principal of $374 invested at a rate of 3% for nine years?

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

If a principal of $202 was invested at a rate of 10% and terminates with an interest amount of $20.20, how long was the money invested for?

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

If you borrow $894 for four years at a rate of 3%, how much interest will you have to pay?

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

If you put $583 into a savings account and after five years the interest is $116.60, what was the rate (R)?

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

If you invest some money over nine years at a rate of 9%. It results in an interest of $599.40, how much was the principal?

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

If you received interest of $47.16 on a principal of $393 invested at a rate of 3%, for how long did you invest the money?

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