Discount Tax Simple Interest

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

• 4
• 8
• 12
• 16

Write the percent as a decimal. 
43%

• 4.3
• .43
• .043
• 4300

What is 7.25% converted to a decimal?

• .725
• 0.725
• 0.0725
• 7.25

A bank is offering 2.5% simple interest on a savings account.  If you deposit $5,000, what will be the total amount of money in your savings account after three years?

• $375
• $42,500
• $5,375
• $37,500

Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?

• $800
• $1,000
• $1,200
• $1,500

Ralph buys a computer for $675. The sales tax rate is 6%. How much did Ralph pay for the computer?

• 40.50
• 715.50
• 6.00
• 634.50

Sales tax is __________ to the price

• subtracted
• added
• multiplied
• divided

Discount is ____________ from the price.

• added
• divided
• subtracted
• mulitipled 

A pair of jeans costs $34.00.  You have a coupon for 30% off the regular price. What is the new price of the jeans after you use your coupon?

• $10.20
• $23.80
• $31.00
• $44.20

Maria borrowed $3,000 for college tuition at a simple interest rate of 4% per year.  How much did she have to repay after 4 years?

• $480
• $3,480
• $4,800
• $7,800