Simple and Compound 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

Find the total amount in the account to the nearest cent if the interest is compounded annually. $2750 at 8% for 2 years

Back

$3207.60

Front

Justin 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

Find the simple interest earned: Principal $1750 Interest Rate 2% and time 5 years

Back

$175.00

Front

Find the compound interest end balance: Principal $1750 Interest Rate 2% Time 5 years

Back

$1932.14

Front

Riley invested $1,000 in savings bonds earning 6.75% interest compounded semi-annually for 15 years. How much total will Riley earn?

Back

$2,706.86

Front

$5,000 deposit at 2.5% simple interest for 3 years. What is the total amount?

Back

$5,375

Front

Olivia buys furniture on credit with 9.5% interest compounded quarterly. She spent $7,400. How much will she have paid after 8 years?

Back

$15,683.28

Front

Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.

Back

$12,749.30

Front

Find the simple interest earned: Principal $6,000 Interest Rate 5% and time 6 years

Back

$1800