SIMPLE INTEREST

SIMPLE INTEREST

1st - 5th Grade

5 Qs

quiz-placeholder

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SIMPLE INTEREST

SIMPLE INTEREST

Assessment

Quiz

Mathematics

1st - 5th Grade

Easy

Created by

Mary Grace Adolfo

Used 2+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who lends money.

Lender

Borrower

Principal

Future Value

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person who owes money.

Lender

Borrower

Principal

Rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Amount of money borrowed.

Lender

Borrower

Principal

Future Value

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Date on which money is received by the borrower

Loan Date

Maturity Date

Current Date

Tomorrow date

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Amount of time in years the money is borrowed

Rate

Principal

Time

Interest