Simple Interest

Simple Interest

Multiple Choice

You are purchasing a T.V for $990 with a 9% sales tax. What is the final price of the T.V.?

• $ 1881.00

• $ 1079.00

• $ 1,079.10

• $ 1,709.1

Multiple Choice

A pair of boots are $94.99.  They are 25% off. With this discount, what is the sale price? Round to nearest cent if necessary.

• $71.24
• $118.74
• 23.7475
• $23.75

Multiple Choice

What is the total cost with sales tax?
Price $17.95
Tax 6%

• $19.03
• $18.50
• $1.08
• $2.15

Multiple Choice

Find the interest

p= $34,100

r = 4%

t = 3 years

• 4092

• 40920

• 4324

• 3254

Multiple Choice

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

• $480

• $3,480
• $4,800
• $780

Multiple Choice

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

• 95
• 105
• 125
• 135

Multiple Choice

Marcus plans to deposit $20,000 into a savings account.

Bedford Bank offers a rate of 4% simple interest for five years. How much interest is earned?

• $2460

• $4000

• $5204

• $4094

Multiple Choice

Mrs. Adele is buying a new tie from Macy's. It says the tie costs $20.00 but there is a sign above it that says 25% off. How much will the tie cost?

• $5.00

• $18.75

• $15.25

• $15.00