The principle in the simple interest formula I=Prt is:
8.12D Simple and Compound interest

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Mathematics
•
8th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
the amount of money borrowed or deposited
2.
FLASHCARD QUESTION
Front
Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?
Back
$1,200
3.
FLASHCARD QUESTION
Front
Convert the rate given as a percent (%) to a ______ before using it in the simple interest formula.
Back
decimal
4.
FLASHCARD QUESTION
Front
Write the percent as a decimal: 4.3%
Back
.043
5.
FLASHCARD QUESTION
Front
Caiden's balance after 15 years with $475 at 3.8% interest compounded annually?
Back
$831.10
6.
FLASHCARD QUESTION
Front
View question in the picture then select the best answer
Back
D
7.
FLASHCARD QUESTION
Front
View question in the picture then select the best answer
Back
A
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