Simple Interest | Baamboozle - Baamboozle | The Most Fun Classroom Games!

English 10 Public

NGPF

Study Slideshow

a part of the full price paid at the time of purchase or delivery with the balance to be paid later

down payment

principal

interest

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What is our coping skill of the day?

vary

15

name one of the top websites used car buyers visit to research and shop

vary

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What is the formula to calculate simple interest?

I=P - R

I=P * R * T

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T = Time, usually calculated as the number of years

False

True

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R = Rate of Interest in %

True

False

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P = Principal (amount borrowed)

True

False

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Your monthly car payment does not include interest

True

False

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Your interest rate is affected by your credit score

True

False

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Interest is the amount it will cost you to borrow money

True

False

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