Interest

Find the simple interest earned to the nearest cent for each principal, interest rate and time.

$530, 6%, 1 year

• $3,180

• $31.80

• $318

Find the simple interest earned to the nearest cent for each principal, interest rate and time.

$750, 7%, 3 years

• $157.50

• $1,575

• $15,750

Find the simple interest earned to the nearest cent for each principal, interest rate and time.

$650, 5%, 1 year

• $325

• $3,250

• $32.50

Find the simple interest earned to the nearest cent for each principal, interest rate and time.

$340, 4%, 1 year

• $1,360

• $13.60

• $136

Find the simple interest earned to the nearest cent for each principal, interest rate and time.

$1,100, 2.5%, 2 years

• $55

• $550

• $5,500

Find the simple interest earned to the nearest cent for each principal, interest rate and time.

$975, 1.5%, 2 years

• $292.50

• $2,925

• $29.25