Simple Interest Day 2

$450 at 7% for 2 years.

Match the following

• $54

• $1,200 at 5.5% for 4 years

• $6,600

• $600 at 4% for for 9 months

• $264

• $1,600 at 4.5% for 9 months

• $1,320

• $24,000 at 5.5% for 5 years

• $18

• $12,000 at 2.2% for 5 years

Sarah puts in $4,000 in an investment yielding 5% annual simple interest. She left the money for five years. How much interest does Sarah get at the end of those five years?

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CCSS.HSF.BF.A.2

A bank is offering 3.5% simple interest on a savings account. If you deposit $7,500, how much interest will you earn in two years?

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CCSS.HSF.BF.A.2

$400 interest is earned on a principal of $2,000 at a simple interest rate of 5% interest per year. For how many years was the principal invested?

In how many years will $1,200 yield an interest of $180 at 3% simple interest?

At what rate would you need to invest $12,000 and make $2,880 after 8 years?

What will be the total value of an investment of $5000 be if it has an interest rate of 7% and is invested for 20 years?

Morgan has investment worth $130,000 after 20 years. If his original investment was for $50,000 what must the interest rate have been?

How much interest is earned on $470 at 4% for seven years?