Simple Interest

Write the percent as a decimal. 
4.3%

• 4.3
• .43
• .043
• 4300

Write the decimal as a percent. 
0.37

• 37%
• 3.7%
• .37%

Emilio borrows $1,200 from a bank at a rate of 8% per year. How much will he have to pay back in total after 1 year?

• $96

• $100

• $1250

• $1296

Tags

CCSS.6.RP.A.3C

Starting money = $350.

Interest rate = 2%

Time = 1 year.

How much interest?

• $7.00

• $26.25
• $357.00

• $300.00

Tags

CCSS.7.RP.A.3

Ann puts $300 in a bank account earning 4% interest.  How much will she earn in interest in 1 year?

• 4
• 8
• 12
• 16

Tags

CCSS.7.RP.A.3

You lend $225 to your friend.  He pays you back $300.  What interest rate did you charge your friend?

• 18%

• 25%

• 75%

• 90%

Tags

CCSS.6.EE.B.7

Elizabeth earns $2200.00 per month. She wants to put 15% into savings each month. How much should she deposit into her savings account?

• $1870

• $330

• $2530

• $150

Tags

CCSS.6.RP.A.3C

Lauren has $100 in a savings account that earns 10% interest annually. How much total will she earn in 2 years?

• $20

• $120

• $110

• $200

Tags

CCSS.HSF.BF.A.2