Simple and Compound Interest (Beginners)

Quiz
•
Mathematics
•
6th - 8th Grade
•
Medium
+1
Standards-aligned
Ashley Lantrip
Used 6+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 mins • 10 pts
Find the COMPOUND interest of $4000 at 3% for 4 years.
2340.22
4502.04
1213.65
962.12
Tags
CCSS.HSF.BF.A.2
2.
MULTIPLE CHOICE QUESTION
5 mins • 10 pts
Find the simple intrest of $34100 at 4% for 3 years
$4,092
$7,964.90
$3,894
Not Here
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
5 mins • 10 pts
Find the simple interest when $200 is invested at 5% for 3 years
$400
$250
$50
$30
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
5 mins • 10 pts
Find the final amount when $450 is invested at 10% compound interest for 3 years
$800
$500
$463.63
$320.56
5.
MULTIPLE CHOICE QUESTION
5 mins • 10 pts
Find the final amount when $430 is invested at 10% compound interest for 4 years.
$447.45
$1,000.65
$786.98
Not Here
Tags
CCSS.HSF-LE.A.1C
6.
MULTIPLE CHOICE QUESTION
5 mins • 10 pts
Find the simple interest when $500 is invested at 5% for 3 years
$50
$75
$100
$200
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
5 mins • 10 pts
What is the simple interest formula?
Tags
CCSS.7.RP.A.3
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