Form 15: Simple Interest & Percent Error - Comprehensive Review
Review all key concepts of simple interest and percent error. Solve a comprehensive set of practice questions to test your complete understanding.
Questions
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MultiChoice
Calculate simple interest on $600 at 5% per year for 4 years.
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MultiChoice
Estimated value is 12, actual value is 10. Calculate percent error.
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MultiChoice
Find total amount after 4 years on $600 invested at 5% simple interest per year.
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MultiChoice
Estimated value is 27, actual value is 30. Find percent error.
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MultiChoice
Interest earned is $96 at 4% annual interest rate over 3 years. Find starting principal.
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MultiChoice
Estimated measure is 26 cm, actual measure is 25 cm. Determine percent error.
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MultiChoice
What interest rate turns $400 principal into $60 simple interest over 3 years?
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MultiChoice
Estimated count is 69, actual count is 60. Calculate percent error.
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MultiChoice
Calculate time in years required for $500 at 6% simple interest to accumulate $90 interest.
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MultiChoice
Estimated value is 39, actual value is 40. Find percent error.
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MultiChoice
What is total amount on $1,200 deposited at 2.5% simple interest for 5 years?
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MultiChoice
Estimated distance is 54 km, actual distance is 50 km. Determine percent error.