Precents as Multipliers

Steve deposited

$5,000 in a savings account that pays 4% interest compounded annually. Which

equation could be used to find the value of the account after 3 years?

• A = 5,000(1 + 4)³

• A = 5,000(1 + 0.04)³

• A = 5,000(1 + 0.4) x 3

• A = 5,000(0.04)³

Change 6.75% to a decimal.

• 67.5
• .675
• 675
• .0675

When calculating

interest, how do you write the percent?

• a fraction

• a decimal

• a round number

• not enough information

Write the decimal as a percent
0.34

• 34%
• 340%
• 3.4%
• .34%

Write the decimal as a percent
0.004

• 4%
• .004%
• 0.4%
• 40%

Write the decimal as a percent
0.1

• 100%
• .1%
• 0.01%
• 10%

Tickets to Disney World are $100.The price is going to increase on January 1. What is the percent of change if the cost increases to a $120?

• 25%
• 18%
• 20%
• 50%

Tags

CCSS.6.RP.A.3C

To earn as much interest as possible, you should open a savings account that earns ______ interest and has the _____ interest rate.

• compound; lowest
• simple ; lowest
• compound ; highest
• simple ; highest

Tags

CCSS.7.RP.A.3

Ann puts $300 in a bank account earning 4% interest.  How much will she earn in interest in 1 year?

• 4
• 8
• 12
• 16

Tags

CCSS.7.RP.A.3