Simple Interest

Find the ending balance:
$35,600 at 9% for 2 years

• $42,296.39
• $42,002.27
• $42,008.00
• $38,804.00

Tags

CCSS.7.RP.A.3

Find the ending balance:
$1,400 at 4% for 60 months

• $1,456
• $1,680
• $280
• $1,703.31

Tags

CCSS.7.RP.A.3

Find the interest: 
$26,500 at 12% for 7 years

• $22,260
• $2,226,000
• $2,252,500
• $48,760

Tags

CCSS.7.RP.A.3

Find the interest:
$1,350 at 4% for 3 years

• $1,512
• $16,200
• $17,550
• $162

Tags

CCSS.7.RP.A.3

Find the interest rate:
Principal: $4,900
Interest:$191.10
Time: 1.5 years

• 171%
• 17.1%
• 0.026%
• 2.6%

Tags

CCSS.7.RP.A.3

Find time time (in years):
Principal: $3,750
Interest: $427.50
Interest Rate: 3.8%

• 3 years
• 2.3 years
• 0.3 years
• 30 years

Tags

CCSS.7.RP.A.3

What is the interest rate if the principal is $32,000 and $9600 over six years. 

• 50%
• 0.5%
• 5%
• 0.05%

Tags

CCSS.7.EE.B.4A

Ryan is trying to determine how much interest he will earn by placing money into the bank. If he has $10,400 with a 1.5% rate over 30 months. 

• $390
• $10,790
• $39,000
• $4,680

Tags

CCSS.7.RP.A.3

Philip has $300,000 in his retirement account, which earns 2.89% interest per year. How much money will he have in his account after 39 months? 

• $28,1775.00
• $328,177.50
• $338,130.00
• $638,130.00

Tags

CCSS.HSF-LE.A.1C

Susan paid $3,000 in interest on a 60 month loan of $32,000. What was the interest rate on this loan? 

• 187.5%
• 18.75%
• 1.875%
• 0.01875%

Tags

CCSS.7.RP.A.3