Simple Interest Word Problem

• F

• G

• H

• J

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CCSS.7.EE.B.4A

• A

• B

• C

• D

• F

• G

• H

• J

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CCSS.HSF.BF.A.2

• A

• B

• C

• D

Tom invests £1200 at a rate of 7% per year. How much simple interest will he earn in 2 years?

• £84

• £168

• £240

• £336

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CCSS.7.RP.A.3

John invests £500 at a simple interest rate of 5% per year. How much interest will he earn in 3 years?

• £75

• £25

• £100

• £150

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CCSS.7.RP.A.3

Sarah borrowed £600 from a bank at a simple interest rate of 6% per year. How much total money will she pay back after 4 years?

• £624

• £648

• £744

• £864

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CCSS.7.RP.A.3

A loan of £2000 is taken out at a simple interest rate of 3% per year. What is the interest amount after 5 years?

• £300

• £600

• £150

• £100

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CCSS.7.RP.A.3

What is the total amount after 3 years if $600 is invested at a simple interest rate of 4% per year?

• $672

• $720

• $648

• $624

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CCSS.HSF.BF.A.2

Calculate the total amount after 2 years if $1500 is invested at a simple interest rate of 6% per year.

• $1800

• $1590

• $1680

• $1740

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CCSS.HSF.BF.A.2