Topics
6. Exponential & Logarithmic Functions
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United States of AmericaFL
Grade 912

6.07 Interest

Lesson
Practice
Adaptive
Worksheet

Interactive practice questions

Calculate the simple interest on a loan of $\$4400$$4400 at $7%$7% annually for $9$9 years.

Give the answer to the nearest dollar.

Easy
1min

Calculate the simple interest earned on an investment of $\$8030$$8030 at $7%$7% annually for $11$11 months.

Give the answer to the nearest cent.

Easy
1min

Calculate the simple interest earned on an investment of $\$6420$$6420 at a semiannual rate of $1.6%$1.6% for $2$2 years.

Give the answer to the nearest cent.

Easy
1min

Calculate the simple interest generated on a loan of $\$8850$$8850 at a rate of $3%$3% annually for $25$25 months.

Give the answer to the nearest cent.

Easy
1min
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Outcomes

MA.912.AR.5.2

Solve one-variable equations involving logarithms or exponential expressions. Interpret solutions as viable in terms of the context and identify any extraneous solutions.

MA.912.AR.5.4

Write an exponential function to represent a relationship between two quantities from a graph, a written description or a table of values within a mathematical or real-world context.

MA.912.AR.5.7

Solve and graph mathematical and real-world problems that are modeled with exponential functions. Interpret key features and determine constraints in terms of the context.

MA.912.AR.5.9

Solve and graph mathematical and real-world problems that are modeled with logarithmic functions. Interpret key features and determine constraints in terms of the context.

MA.912.FL.3.1

Compare simple, compound and continuously compounded interest over time.

MA.912.FL.3.2

Solve real-world problems involving simple, compound and continuously compounded interest.

MA.912.FL.3.4

Explain the relationship between simple interest and linear growth. Explain the relationship between compound interest and exponential growth and the relationship between continuously compounded interest and exponential growth.

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