Interest

Anna invested $2,500 at an annual rate of 5%.  How long will it take until Anna earns $1,125 in interest?

• 5 years
• 8 years
• 10 years
• 9 years

Tags

CCSS.6.EE.B.7

Jack deposited $1,400 in his bank account.  After 3 years, the account earned $294 in interest.  Find the simple interest rate.

• 5%
• 8%
• 7.25%
• 7%

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 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

Sarah has $45,000 in student loans. if there is a 6% interest rate, how much will she pay back in interest over 10 years? 

• $27,000
• $72,000
• $270,000
• $315,000

Tags

CCSS.HSF.BF.A.2

Sarah has $45,000 in student loans. if there is a 6% interest rate, how much will she pay back in total over 10 years? 

• $27,000
• $72,000
• $270,000
• $315,000

Tags

CCSS.7.RP.A.3

Alexton the Skeleton borrowed $4,000 for 5 years at 6% simple interest rate to pay for his band equipment. How much interest is that?

• $800

• $1,000

• $1,200

• $1,500

Tags

CCSS.7.RP.A.3

Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?

• $150

• $192

• $1350

• $1392

Tags

CCSS.7.RP.A.3