simple interest
Flashcard
•
Mathematics
•
9th - 12th Grade
•
Practice Problem
•
Hard
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12 questions
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1.
FLASHCARD QUESTION
Front
Find the simple interest earned for principal of $2,000 at and 8% rate for 5 years.
Back
$800
2.
FLASHCARD QUESTION
Front
Find the simple interest earned when the principal is $500 at a rate of 10% held in the bank for 8 months.
Back
$33.50
3.
FLASHCARD QUESTION
Front
Find the simple interest paid on a loan of $750 with an 18% rate over 2 years.
Back
$270
4.
FLASHCARD QUESTION
Front
Find the simple interest paid on a loan of $1,500 at a rate of 19% for 15 months.
Back
$356.25
5.
FLASHCARD QUESTION
Front
Find the simple interest paid on a loan of $4,750 at a rate of 19.5% for 30 months.
Back
$2315.63
6.
FLASHCARD QUESTION
Front
Find the simple interest paid on a deposit of $225 at a rate of 1.5% over 2 years.
Back
$6.75
7.
FLASHCARD QUESTION
Front
Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?
Back
125
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