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- 1. Multiple ChoiceYour bill is $9.00? How much should you tip approximately? (20 % tip)$1.00$2.00$5.00
- 2. Multiple ChoiceYour bill is $45.00. How much should you tip? (20 % tip)$2.00$3.00$5.00$9.00
- 3. Multiple ChoiceYour bill is $60.00. What should you tip your waitress? (20 % tip)$9.00$12.00$15.00$20.00
- 4. Multiple ChoiceYour bill is $90.00. What would you tip your waiter? (20 % tip)$10.00$18.00$30.00$50.00
- 5. Multiple ChoiceLucian and his girlfriend are going to an expensive restaurant in Florida. He took out her family as well so the bill was $230.00. How much will he tip the waiter? (20 % tip)$46.00$60.00$70.00
- 6. Multiple ChoiceYou and your friend go to a restaurant and the bill is $50.00. How much will you tip your waiter? (20 % tip)$5.00$10.00$15.00
- 7. Multiple Choice
The Principal and Interest are always amounts of ___________.
fraction
decimal
percent
money
- 8. Multiple Choice
The simple interest formula is I=Prt. The P represents the principle. The principle is ___________________.
the amount of money borrowed or saved (invested or deposited in an account)
the percent interest for his year
the amount taxed
the amount the bank owes you for being a customer at their bank
- 9. Multiple ChoiceWrite the percent as a decimal.
4.3%4.3.43.0434300 - 10. Multiple Choice
Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest would he owe at the end of that time?
$800
$1,000
$1,200
$1,500
- 11. Multiple Choice
Sam borrowed $4,500 for 2 years and had to pay $630 simple interest at the end of that time. What rate of interest did he pay?
6%
7%
8%
9%
- 12. Multiple ChoiceIf the time is given in months, you must first _____________ by 12.addsubtractmultiplydivide
- 13. Multiple ChoiceThe simple interest formula is I=Prt. What does the t represent?PrincipleInterestTime, in hoursTime, in years
- 14. Multiple ChoiceI = Prt where r represents the rate. Rates must be converted into ____ before multiplying.fractionsmixed numbersdecimals
- 15. Multiple Choice
Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back TOTAL (principal AND interest combined) in 2 years?
$150
$192
$1350
$1392
- 16. Multiple Choice
Calculate the interest. I = PRT,
Principal = $1000,
Rate = 6%,
Time = 2 years
$100
$120
$180
1200
- Answer choicesTagsAnswer choicesTags