Edit Game
simple and compound interest
 Delete

Use commas to add multiple tags

 Private  Unlisted  Public



 Save

Delimiter between question and answer:

Tips:

  • No column headers.
  • Each line maps to a question.
  • If the delimiter is used in a question, the question should be surrounded by double quotes: "My, question","My, answer"
  • The first answer in the multiple choice question must be the correct answer.

 Import questions





 Save   17  Close
what does the A stand for?
total amount
what does the T stand for ?
time
what does the R stand for?
rate
what does the I stand for?
interest
what does the P stand for ?
principal
the time needs to be in what form months or years?
years
what do you need to do when they give you this rate 4%
change it to decimal
what formula is this ? I=p*r*t compound or simple
simple
is this the compound formula or simple interest formula A=p(a+r)^2
compound formula
what does this formula A=p(a+r)^2 give you?
total amount
what does compound interest give you?
the total amount
what does simple interest give you?
the interest
Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?
1392
Bridget put $450 into a savings account that earns 8% simple interest. How much will be in the account after 7 years?
702
Erika takes out a loan for $6,500 and will need to pay back 3% simple interest. How much interest will she need to pay after 5 years?
975
Dan borrowed $2,000 for 1 year at 12% annual simple interest rate. How much interest is that?
240
Find the total amount in the account to the nearest cent if the interest is compounded annually. $2750 at 8% for 2 years.
3207.60
Your experience on this site will be improved by allowing cookies.