TEKS.MATH.8.12A

Emilio borrows $1200 from a bank with 8% simple interest per year.  How much will he have to pay back total in 2 years?

• $150
• $192
• $1350
• $1392

Tags

TEKS.MATH.7.13E

TEKS.MATH.8.12A

Julie borrowed $3,500 for 3 years at 7½% simple interest rate. 
How much interest is that?

• Julie borrowed $3,500 for 3 years at 7½% simple interest rate. 
  How much interest is that?
• $787.50
• $810
• $812.50

Tags

TEKS.MATH.8.12A

Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?

• $120
• $144
• $1,200
• $1,440

Tags

TEKS.MATH.8.12A

Erik took out a loan for $8400 for 6 years at a compound interest rate of 5.5%. How much interest does Erik owe from the loan?

• $2,772
• $11,582.28
• $3,182.28
• $108,084.86

Tags

TEKS.MATH.8.12A

Erik took out a loan for $8400 for 6 years at a compound interest rate of 5.5%. How much interest does Erik owe from the loan?

• $2,772
• $11,582.28
• $3,182.28
• $108,084.86

Tags

TEKS.MATH.8.12A

Erik took out a loan for $8400 for 6 years at a compound interest rate of 5.5%. How much interest does Erik owe from the loan?

• $2,772
• $11,582.28
• $3,182.28
• $108,084.86

Tags

TEKS.MATH.8.12A

If Jarvis borrow $675 for six years at a simple interest rate of 10% , how much interest will he pay ?

• $504

• $1048

• $405

• $1055

Tags

TEKS.MATH.7.13E

TEKS.MATH.8.12A

What is the simple interest on a housing loan of $350,000, over 30 years with a rate of 4.5%?

• $350,00

• $47,250

• $350,000

• $472,500

Tags

TEKS.MATH.8.12A

You take out a car loan. How much will you pay in total for the car, if your loan is for $8000, at a rate of 5% interest, over 3 years?

• $1,200

• $120

• $920

• $9,200

Tags

TEKS.MATH.8.12A

Mark took out a loan for $25,690 to purchase a new truck at a simple interest rate of 5.2%. How much interest will he pay on his truck after 5 years?

• $6,679.40

• $32,369.40

• $66,794

• $679.40

Tags

TEKS.MATH.8.12A