Simple Interest

Front

Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?

Back

$1392

Front

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

Back

125

Front

What does the t represent in the simple interest formula I=Prt?

Back

Time, in years

Front

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

Back

$26.25

Front

Principal = $800
Interest Rate = 3.5%
Time = 2 years
Find the interest earned.

Back

56

Front

Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% in simple interest. What will be his balance after 15 years?

Back

$270.75

Front

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

Back

125

Front

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

Back

$800

Front

Find the simple interest paid on a loan of $750 with an 18% rate over 2 years.

Back

$270

Front

Find the simple interest paid on a deposit of $225 at a rate of 1.5% over 2 years.

Back

$6.75