LESSON 3-6 - BW PAGES 182-184

QUESTION 4 - PAGE 182 - DON'T FORGET TO SHOW YOUR WORK AND WRITE YOUR ANSWER IN YOUR BOOK! FIND THE MISSING VALUE IN EACH ROW. USE THE PERCENT EQUATION. DON'T FORGET TO CHANGE YOUR RATE PERCENT TO A DECIMAL!

INTEREST = PRINCIPAL ∙ RATE ∙ TIME

QUESTION 5A - PAGE 182 - DON'T FORGET TO SHOW YOUR WORK AND WRITE YOUR ANSWER IN YOUR BOOK! Annika’s older cousin borrowed $800 to repair her car. She will pay off the loan after 2 years by paying back the principal plus 4.5% simple interest for each year. How much will she pay in interest?

• $72

• $ 800

• 28 %

• $ 7,200

QUESTION 5B - PAGE 182 - DON'T FORGET TO SHOW YOUR WORK AND WRITE YOUR ANSWER IN YOUR BOOK! Annika’s older cousin borrowed $800 to repair her car. She will pay off the loan after 2 years by paying back the principal plus 4.5% simple interest for each year. How much will she pay back altogether?

• 32.5 %

• $ 8,000

• $ 728

• $ 872

QUESTION 6 - PAGE 182 - DON'T FORGET TO SHOW YOUR WORK AND WRITE YOUR ANSWER IN YOUR BOOK! J.D. opened a savings account with $425. After 2 years, the total interest he earned was $10.20. What was the annual interest rate?

• 1.2 %

• 81 %

• 2.4 %

• 0.81 %

Which one would you choose?

• Warheads

• Fruit by the Foot

• Gushers

• Nerds

QUESTION 7 - PAGE 183 - DON'T FORGET TO SHOW YOUR WORK AND WRITE YOUR ANSWER IN YOUR BOOK! Edward deposited $6,000 into a savings account 4 years ago. The simple interest rate is 3%. How much money did Edward earn in interest?

QUESTION 8 - PAGE 183 - DON'T FORGET TO SHOW YOUR WORK AND WRITE YOUR ANSWER IN YOUR BOOK! The interest on $2,000 for 2 years is $320.

What is the simple interest rate?

QUESTION 9 - PAGE 183 - DON'T FORGET TO SHOW YOUR WORK AND WRITE YOUR ANSWER IN YOUR BOOK! Suppose you deposited $100 in a savings account 4 years ago with a simple interest rate of 2.2%. The interest that you earned in those 4 years is $8.80. Which of the following is true? Select all that apply.

Draw the emoji that describes you.