NEW
Font size
Worksheetssimple interest 3 mixed interest and total
Total questions: 14
Worksheet time: 38mins
Principal = $350.
Interest rate = 2.5%
TIme = 3 years.
How much interest?
$7.50
$26.25
$87.5
$262.50
Davy Crockett earned $10,000 from his raccoon skin hat company. He deposited it into an account that earned 3% simple interest annually. How much interest did he earn after 4 years?
$11,255.09
$1255.09
$1200
$11,200
Ann puts $300 in a bank account earning 4% simple interest. How much will she earn in interest in 1 year?
4
8
12
16
Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?
$120
$144
$1,200
$1,440
Determine the interest when depositing $225 into a savings account at a rate of 5% simple interest per year for 3 years.
33.75
25.78
258.75
3375
Find the Interest owed for if borrowing $775 at 8% simple interest per year for 3 years.
62
837
18600
186
Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back TOTAL (principal AND interest combined) in 2 years?
$150
$192
$1350
$1392
Ryan is trying to determine how much interest he will earn by placing money into the bank. If he has $10,400 with a 1.5% simple interest rate over 30 months.
$390
$10,790
$39,000
$4,680
Philip has $300,000 in his retirement account, which earns 2.89% simple interest per year. How much money will he have in his account after 48 months?
$17,340.00
$334,680
$473,400.00
$638,130.00
Sofia deposited $1,700 into a savings account that accumulates 1.8% simple interest. If she keeps the money in the account for 7 years, how much money will be in the account after the seven years?
$214.20
$1,914.20
$21,420.00
$23,120.00
What is the total balance of an account with a starting balance of $600 at 2.4% simple interest for 6 months?
$7.20
$672
$607.20
$864
$86.40
