Find the interest rate. All rates are annual interest rates.

Question

1. Principle $400
rate 5%
time 1 year

A. $10

B. $20

C. $40

D. $200***

2. Principle $1000
rate 8.5%
time 3 year

A. 255***

B. 170

C. 22.5

D. 17

3. Principle $200
rate 9%
time 1/2 year

A. 9

B. 18***

C. 36

D. 45

4. Principle $20,000
rate 12%
time 3 months

A. 240

B. 600

C. 800

D. 7,200***

5. you borrow $1,200 at a rate of 4.5% for a period of 6 months. How much will you have to repay at the end of 6 months?

A. 27

B. 54

C. 1,173

D. 1,227***

Answer 1

Interest = Principle x rate x time
so in a) I = 400 x .05 x 1
I = $20

Answer 2

in #1 your answer of $200 would have been 50%

Answer 3

Thanks! and did you choose that screen name because it national pie day?

Answer 4

#2 is correct.
You check the rest : )

Answer 5

OK thank you!

Answer 6

Happy Pi Day : )
My favourite digits (memorized) are...
3.14159265358979323846264338327...

Answer 7

you memorized those?!

Answer 8

yep that the pi number XD

Answer 9

Number 3 and 4 are wrong. I just took the test, and I got a 3 out of 5. question 3 is A and question 4 is D.

Answer 10

no number 4 is B

Answer 11

B
A
A
B
D
I got a 3/5 (60%) when I listened to them, but these were the real answers.

Answer 12

thanks jack I got a 100%

Answer 13

Jack Is Correct

Answer 14

jack the last one is c not do I got and 80

Answer 15

The answers are
1.B
2.A
3.A
4.B
5.C

Answer 16

B
A
A
B
D

Answer 17

Tyyyyy sooo much

Answer 18

The still work

Answer 19

name 1b 2a 3a 4b 5d

Answer 20

Here are the exact answers:

1. B - $20
2. A - $255
3. A - $9
4. B - $600
5. D - $1,227

There you go! :)

Answer 21

@Connexus Student is completely right guys, thank you, @Connexus Student! 100%

Answer 22

JACK IS RIGHT THE VERY TIP TOP IS FING TRASHHH

Answer 23

as of march 16th 2021 for connections academy
answers for "Quick Check: Simple Interest" are

B
A
A
B
C

Answer 24

the last one is d
B
A
A
B
D

Answer 25

Haha I’m in danger is right!! <33

Answer 26

BAABB

as of april 2022

Answer 27

Connexus student is 100% I promise.

Answer 28

IF YOU USE ANY ANSWERS ON THIS PAGE YOU GET 3/5 (60%) @IM IN 7TH GRADE CONNEXUS WHATS UR NAME