Simple Interest

Front

Alternative name for original principal

Back

Amount invested

Front

T is time in days

Back

True

Front

Simple interest is the interest..

Back

That calculated based on the original principal

Front

RM 5000 is deposited in a bank paying 11.5% simple interest per annum. How much interest will have been paid after 4 years 6 months?

Back

RM2587.50

Front

The Malays Bank charges a simple interest of 18% per year for short term loans. If a loan of RM22000 was charged RM9900 as interest, how long was the term of the loan?

Back

2 year 6 months

Front

5 years ago, Nayla invested RM6600 in a bank at a simple interest rate of 7.2%. Find the amount in the account today.

Back

RM8976

Front

Hafni borrows RM7000 for 100 days at 6% per annum simple interest. What is the amount at the end of 100 days?

Back

RM7032. 41

Front

Ms. Hannan deposited RM4000 in TRee Bank and obtained simple interest of RM300 after 3 years. What was the simple interest rate offered?

Back

2.5%

Front

Abam invested RM6600 at a simple interest rate of 7.2%. How many years to reach RM8500.80?

Back

4 years