Simple Interest

What was the original investment if an investment over nine years at a rate of $288.00 results in a final balance of $1,088.00?

• $1,000.00
• $900.00
• $1,100.00
• $800.00

If you borrow $200 at 10% for seven years, how much will you pay back by the end of the term?

• $340.00
• $380.00
• $360.00
• $400.00

How much principal must be invested to earn $504.00 in eight years at an interest rate of 7%?

• $700.00
• $600.00
• $900.00
• $800.00

If you put money into a savings account that earns $84.00 over seven years at a rate of 3%, how much money did you put into the account?

• $4000.00
• $2000.00
• $3000.00
• $1000.00

You put $700 into a savings account with an interest rate of 10% which earns $140.00 over a period of time. How long was the period of time?

• 4 years
• 2 years
• 1 year
• 3 years

What is the interest rate if a principal of $700 earns $196.00 in interest in seven years?

• 2%
• 6%
• 4%
• 8%

How long must $100 be invested at a rate of 4% to earn $32.00 in interest?

• 8 years
• 7 years
• 9 years
• 6 years

How much interest will you pay if you borrow $900 for four years at an interest rate of 6%?

• $216.00
• $270.00
• $252.00
• $234.00

If you put $300 into a savings account with an interest rate of 8% which earns $144.00 over a period of time, how long was the period of time?

• 6 years
• 5 years
• 4 years
• 3 years

What will the final balance be for $700 invested at 3% for three years?

• $721.00
• $737.00
• $745.00
• $729.00