Simple and Compound Interest

Paul deposits $4000 in a bank which pays a compound interest rate of 4% per year. How much will he have in 5 years.

• $4866.61

• $5628.40

• $6077.53

• $6326.60

Tags

CCSS.7.RP.A.3

Paul deposits $4000 in a bank which pays a compound interest rate of 5% per year. How much will he have in 7 years.

• $4866.61

• $5628.40

• $6077.53

• $6326.60

Tags

CCSS.7.RP.A.3

Paul deposits $5000 in a bank which pays a compound interest rate of 5% per year. How much will he have in 4 years.

• $4866.61

• $5628.40

• $6077.53

• $6326.60

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.SSE.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

Paul deposits $5000 in a bank which pays a compund interest rate of 4% per year. How much will he have in 6 years.

• $4866.61

• $5628.40

• $6077.53

• $6326.60

Tags

CCSS.HSF-LE.A.1C

Mr Tom borrowed $2000 from a bank. The bank charges a simple interest of 7% per annum. Calculate the interest that he has to pay at the end of 3 years.

• $420

• $600

• $2000

• $250

Tags

CCSS.7.RP.A.3

I invest $3000 for 4 years at 3%. per annum compound interest. Find the total money I have in the bank after 4 years ?

• $3376.52

• $3376

• $3377

• $376.52

Tags

CCSS.HSA.CED.A.1

CCSS.HSF.BF.A.1

CCSS.HSF.LE.A.1

CCSS.HSF.LE.A.2

If Jarvis borrow $675 for six years at a simple interest rate of 10% , how much interest will he pay ?

• $504

• $1048

• $405

• $1055

Tags

CCSS.7.RP.A.3

Pepper Potts deposited $4500 in a bank account at 4% per annum compound interest. Find the interest which she earns at the end of 5 years.

• $5575

• $975

• $5475

• $974

Natasha Romanoff took a car loan of $35000 at a simple interest of 3.8% per annum over 4 years. Calculate the total simple interest she has to pay .

• $5330

• $40320

• $320

• $5320

Tags

CCSS.7.RP.A.3

Captain America invests $5000 in a savings account which pays compound interest at the rate of 2.5% per year. Calculate the total interest in 6 years correct to the nearest dollars.

• $5798.46

• $750

• $798.46

• $678.46

Tags

CCSS.HSF.BF.A.2