Simple Interest
Quiz by Celia Denekamp
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10 questions
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- Q1money paid, or earned, for the use of the moneyprincipalinterestrateinteresting30s
- Q2money earned on savings account or investment that is not compoundedsimple interest30s
- Q3an equation that states that two ratios are equalproportionratiorate30s
- Q4What is the formula for calculating interest?Users re-arrange answers into correct orderJumble30s
- Q5a comparison of two quantities by divisionratio30s
- Q6a ratio that compares a part to the whole thing using 100percent30s
- Q7the starting amount/the amount of money borrowed or depositedprincipal30s
- Q8what percent interest is chargedUsers re-arrange answers into correct orderJumble30s
- Q9How much interest will you pay on $100 if the rate is 10%?$0.10$1%0$1030s
- Q10How much will you pay altogether if you pay back the principal of $100 you borrowed, and the 10% rate in one year?$1$110$10$10130s