Formative - Simple Interest

How much interest will Ryan earn by placing money into the bank if he has $10,400 with a 1.5% rate over 30 months?

• $390
• $10,790
• $39,000
• $4,680

Tags

CCSS.7.RP.A.3

Interest: $1512.50

principal: $5500

rate: 5%

time in years?

• 4

• 4.5

• 5

• 5.5

Tags

CCSS.6.EE.B.7

Interest: $400

rate: 5%

time in years: 1

principal?

• $8000

• $9000

• $10000

• $11000

Tags

CCSS.7.RP.A.3

Emilio borrows $1200 from a bank with 8% simple interest per year.  How much will he have to pay back in total after 2 years?

• $150
• $192
• $1350
• $1392

Tags

CCSS.7.RP.A.3

Jack deposited $1,400 in his bank account.  After 3 years, the account earned $294 in interest.  Find the simple interest rate.

• 5%

• 8%

• 7.25%

• 7%

Tags

CCSS.7.RP.A.3

Interest: $30

principal: $500

rate: 4%

What is the time in years?

• 1

• 1.5

• 2

• 2.5

Tags

CCSS.7.RP.A.3

At what annual simple interest rate will a sum of $1000 grow to $1200 in 2 years?

• 5%

• 10%

• 20%

• 15%

Tags

CCSS.7.RP.A.3

What is the interest rate if a loan of $5000 earns a $1250 interest over 5 years?

• 2.5%

• 5%

• 7.5%

• 10%

Tags

CCSS.7.RP.A.3

Sofia deposited $1,700 into a savings account that accumulates 1.8% interest. If she keeps the money in the account for 7 years, how much money will be in her account?

• $214.20
• $1,914.20
• $21,420.00
• $23,120.00

Tags

CCSS.7.RP.A.3

Interest: $3810.73

rate: 7%

time in years: 7

principal?

• $5555

• $6666

• $7777

• $8888

Tags

CCSS.6.EE.B.7