7 Questions |
By Nloprimo | Last updated: Apr 9, 2018
| Total Attempts: 79
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Questions and Answers
1.
P = $7500T = 4 yearsR = 2%Find the interest amount.
A.
$900
B.
$600
C.
$950
D.
$850
2.
You open a savings account with $26,700 with an interest rate of 3.5%. You save your money for 4.5 years. How much interest did you earn in the account?
A.
$42052.50
B.
$26700
C.
$30905.25
D.
$4205.25
3.
On a credit card you charged $7600. The bill comes in the mail but you do not have the money to pay for it. It takes you 3 years to pay if off and after the 3 years you pay an additional $912 in simple interest. What rate did the credit card company charge you?
A.
.4
B.
4%
C.
40%
D.
.004
4.
Jose deposits $1500 of his tax refund into an account that earn simple annual interest. How much interest will his account earn after 6 years at an annual interest rate of 13%?Your answer must have a symbol and cents!
5.
Mary deposits $3000 from her summer job into an account that earns simple interest. How much money will be in her account after 6 months at an annual interest rate of 5.5%?
6.
You invest $4700 into an account with an interest rate of 3.5%. You earn $246.75 in interest. How long did you invest the money for?
7.
You invest $350 in an account. It earns an interest rate of 7.25%. You invest the money for 8 months. How much money do you have in the account after 8 months? Round your answer to the nearest cent if necessary.
Many English words have Latin roots. Select the Latin words and their meanings that would correctly complete the sentences. The vocabulary words are from this lesson or earlier lessons.
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Sample Question
To_________ someone is to warn that person. The word comes form the Latin monere meaning "to warn".
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Sample Question
Vinegar is added to baking soda and bubbles of carbon dioxide rapidly form. A cloudy liquid is left behind. What are products in this chemical reaction?