Compound Interest 7.RP.A.3 Grade Practice Test Questions TOC | Lumos Learning

Compound Interest 7.RP.A.3 Question & Answer Key Resources Lumos Workbooks Master Course - Grade 7 Mathematics

Lumos Workbooks Master Course - Grade 7 Mathematics Compound Interest

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John deposited $200 in a savings account earning 5% p.a. interest, compounded annually. How much interest he will get in 3 years? Round your answer to the nearest dollar.

Resource: Question

Question Type: Multiple Choice - Single Answer

Standard(s):7.RP.A.3

Standard Description: Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest, tax, markups and markdowns, gratuities and commissions, fees, percent increase and decrease, percent error.

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