Calculating for Interest
Authored by Anthony Clark
Mathematics
7th Grade
CCSS covered
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12 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When using the the simple interest or compound interest formula, time should be in _____.
weeks
months
years
decades
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Mrs. Baxter deposits $2,000 in an account that earns 5% simple interest. How much is Mrs. Baxter's investment worth after 8 years?
Which formula will you use to solve this problem?
Tags
CCSS.HSF.BF.A.2
3.
DROPDOWN QUESTION
1 min • 1 pt
Mrs. Baxter deposits $2,000 in an account that earns 5% simple interest. How much is Mrs. Baxter's investment worth after 8 years?
2,000
0.05
8
Tags
CCSS.7.RP.A.3
4.
MATH RESPONSE QUESTION
1 min • 1 pt
Mrs. Baxter deposits $2,000 in an account that earns 5% simple interest. How much is Mrs. Baxter's investment worth after 8 years?
Answer: $____
Mathematical Equivalence
ON
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Joey made a deposit into an account that earns 6% simple interest. After 3 years, Joey had earned $400. How much was Joey's initial deposit? Which formula will you use to solve this problem?
Tags
CCSS.6.EE.B.7
6.
MATH RESPONSE QUESTION
1 min • 1 pt
Joey made a deposit into an account that earns 6% simple interest. After 3 years, Joey had earned $400. How much was Joey's initial deposit?
Answer: $____
Mathematical Equivalence
ON
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Coach Cliffman made a deposit of $1,800 into an account that earns 2% annual compound interest. Find the account balance and the amount of interest that Coach Cliffman earned after 3 years?
Which formula should be used to solve this problem?
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