Percent Error and Simple Interest

Zach​'s savings account earns 2.5​% simple interest per year. The balance in his savings account at the beginning of the year is ​$1,200. If Zach makes no deposits or withdrawals for a whole​ year, which is closest to the balance he should have in his savings account at the end of the​ year?

• $3,000

• $30

• $1,450

• $1,230

Suppose you deposited $600 in a savings account 3 years ago. The simple interest rate is 3.1%. The interest that you earned in those 3 years is $55.80. Which of the following is/are true? YOU MAY CHOOSE MORE THAN ONE ANSWER

• r = 3.1%

• P = 3

• I = $55.80

• T = 600

Suppose you deposit $700 in a bank with a simple interest rate of 3.4%. You want to keep your deposit in the bank long enough to earn at least $150 in interest. How long should you keep your deposit in the bank? ROUND UP TO THE NEXT FULL YEAR. ONLY TYPE THE NUMBER.

Find the principal if you earn $5.25 in interest after 21 months and the simple interest rate was 2.0%.

DO NOT TYPE A DOLLAR SIGN.

Christian opened a savings account with $3250. His account will earn 5.2% simple interest. How much money will be in his account after 6 years?

• $4,264.00

• $1,104.00

• $1,100.00

• $4,400.00

The attendance for the basketball game was estimated to be 15,000 people but 12,500 people attended. What was the percent error?

• 16.67%

• 20%

• 2500%

• 80%

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

• 15.79%

• 18.75%

• 2.25%

• 18%

The deer population is estimated to be 17,600 in northern Illinois, but an actual count was 21,300. What is the percent error?

• 21%

• 17.37%

• 17.4%

• 21.02%

Bob estimates that there will be 230 people who attend the concert. There was an actual total of 300 people who attended. Find the percent error.

• 23%

• 33%

• 27%

• 37%

You estimate that 200 people attend a school concert. The actual attendance was 240. What is the percent error?

• 20%

• -20%

• -16.6%

• 16.6%