Percent and Interest Rate

If you invest $100 at an interest rate of 5% per year, how much interest will you earn in one year?

• $4

• $5

• $6

• $7

If you have $200 and you earn 10% interest, how much money will you have in total after one year?

• $210

• $220

• $230

• $240

A bank offers an interest rate of 3% per year. How much interest will you earn on a $500 deposit after one year?

• $10

• $15

• $20

• $25

If you have $400 and you earn 8% interest, how much money will you have in total after one year?

• $420

• $432

• $440

• $448

Jane deposited $22,000 at a bank that pays 10% interest. Bill deposited $16,000 at a bank that pays 16% interest. Who will receive more interest in a year, and by how much more?

Evaluate responses using AI:

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You lend $240 to your friend. He pays you back $270 in one year . What interest rate did you charge your friend?

• 88%

• 20%

• 12.5%

• 10%

You lend $240 to your friend.  He pays you back $270.  What interest rate did you charge your friend?

• 88%

• 20%

• 12.5%

• 10%

what is 20% of 850

• 180

• 170

• 175

• x

What is 20% of $150?

• $20

• $25

• $30

• $35

What is 15% of $80?

• $10

• $12

• $14

• $16