SIMPLE AND COMPOUND INTEREST

Front

Write the percent as a decimal: 4.3%

Back

0.043

Front

David invests RM10,000 in a savings account that pays 3.5% simple interest. If David makes no withdrawals or deposits to the account, how much will be in the account after 7 years?

Back

RM12,450

Front

Mr. Farid paid RM1,020 in simple interest for a loan at a rate of 5% for 3 years. How much money did he borrow originally?

Back

RM6,800

Front

Ms. Cornelius earns RM11.25 each year on an investment. What is the rate of simple interest if her initial amount invested was RM750?

Back

1.5 %

Front

Sarah borrowed $18,000 for 4 years at an annual simple interest rate of 7%. What is the total amount she will repay for the car loan?

Back

$23040

Front

You borrowed RM59,000 for 2 years at 11% compounded annually. What total will you pay back?

Back

RM72,693.90

Front

Tutty won RM3,000 from a radio contest. If she puts this money in a bank account that earns 2.9% interest compounded quarterly, how much total will she earn in 10 years?

Back

RM4005.09

Front

Principal: RM5000 Interest Rate: 3.75% Time: 25 years Compounded Monthly State the future account balance.

Back

RM12,749.30