Simple & Compound Interest (Mix)

Joe deposited $153 in an account that earns 2.1% annual simple interest for five years. Joe will not make any additional deposits or withdrawals. How much interest has Joe earned?

• $6.24

• $1606.50

• $16.07

• $169.07

How much interest does Debbie earn off of a $82 investment at 1.3% compound interest over three years if she does not make any other deposits or withdrawals?

• $3.24

• $915.69

• $997.69

• $85.24

Bill borrowed $153 at a rate of 4.2% annual simple interest for sixty months. How much total will Bill have to repay?

• $32.13

• $185.13

• $3366

• $3213

How much total money does Peggy have after a $321 investment at 2.8% compound interest after thirty-six months if she does not make any other deposits or withdrawals?

• $17292.91

• $27.73

• $17613.91

• $348.73

Brent put $96 into an investment at 4.3% annual simple interest for six years. Brent will not make any additional deposits or withdrawals. What will the interest be at the end of six years?

• $2572.80

• $120.77

• $24.77

• $2476.80

If you invest $823 at a compound interest rate of 3%, how much interest will you have earned after nine years if you do not make any other deposits or withdrawals?

• $250.83

• $2157.44

• $1073.83

• $1334.44

• $754.48

• $182

• $1659.32

• $2136.48