Percent Error and Simple Interest

The students measured length during a science experiment, they got 12 cm. But the actual measurement was 14.25 cm. What was the percent error?

• 15.79%

• 18.75%

• 2.25%

• 8.72%

Zed went to the store and bought a bag of chips.  He estimated there would be 350 chips in the package, but realized there were only 200 chips in that package.  What was his percent error?

• 35%

• 75%

• 85%

• 92%

Emilio borrows $1,200 from a bank with 8% simple interest per year.  How much will he have to pay back total in 2 years?

• $150

• $192

• $1,350

• $1,392

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

• $120

• $144

• $1,200

• $1,440

Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest will he pay?

• $800

• $1,000

• $1,200

• $1,500

John put 14,000 Euros in an account at a simple interest rate of 1% per year.  How much interest will he get after 12 years?

• 16,800 Euros

• 168,000 Euros

• 1,680 Euros

Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?

• $800

• $1,000

• $1,200

• $1,500

A percent of an amount borrowed that is paid to the lender in addition to the amount borrowed

• Percent Increase

• Percent decrease

• Simple Interest

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?

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When Lila was born, her parents put $8,000 into a savings account that earned 9% simple interest. Find the amount of interest earned after 18 years.

• $720

• $20,960

• $1,080

• $12,960