Simple interest 2022

Front

Find the interest for p= $34,100, r = 4%, t = 3 years.

Back

4092

Front

Rachel invested $2,700 in a savings account earning 7% simple interest for 2 years. How much money will she have in TOTAL? (Interest + principal)

Back

$3,078

Front

Maria borrowed $3,000 at a simple interest rate of 4% per year. How much did she have to repay after 4 years?

Back

$3480

Front

Find the simple interest earned for principal of $2,000 at and 8% rate for 5 years.

Back

$800

Front

Principal = $500
Interest rate = 5%
Time = 5 years
What is the interest earned?

Back

125

Front

Starting money = $350.
Interest rate = 2.5%
Time = 3 years.
How much interest?

Back

$26.25

Front

Violeta Orpilla invested $4000 in an account that earns 5% interest yearly (simple interest) for 12 years. How much will be in the account after all that time?

Back

$6400

Front

Before using the rate in the simple interest formula, you must first convert it to a ______. Options: fraction, decimal, ratio, dollar amount.

Back

decimal

Front

Marcus plans to deposit $20,000 into a savings account with Bedford Bank offering a rate of 4% simple interest for five years. How much interest is earned?

Back

$4000

Front

Mrs. Adele is buying a new tie from Macy's. It says the tie costs $15.00 but there is a sign above it that says 25% off. How much will the tie cost?

Back

$11.25