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TexasMathsQuick questions
Number and Algebraic Methods
Quick questions on Simple and compound interest - STAAR Algebra I
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Find the simple interest on $1,500 at 4% for 2 years. [1 point]
What is q2?Show answer
Find the balance on $500 compounded annually at 8% for 2 years, to the nearest dollar. [2 points]
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