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WorksheetsSimple and Compound Interest
Total questions: 10
Worksheet time: 6mins
I have $50 in a savings account that earns, 7% interest per year. How much simple interest will I have in 5 years?
1750 dollars
17.5 dollars
68.9 dollars
6.89 dollars
Bob has $3 in his savings account, that earns 3.4% simple interest yearly. How much interest will he have in 20 years?
204 dollars
408 dollars
4.08 dollars
2.04 dollars
Joe has $90 in a savings account that earns 47% simple interest yearly. How much money will be in the account in 30 years?
1269 dollars
1359 dollars
12.69 dollars
1400 dollars
Melinda has $145 in a savings account, that earns 9% simple interest annually. How much money will be in the account after 35 years?
600.89 dollars
456.76 dollars
601.75 dollars
4.56 dollars
Ishaan has $60 in a savings account. In 10 years, the amount of money in the account is $96. What was the simple interest rate for the account?
5%
7%
6%
8%
Ishaan borrowed $5000 from Joe, for 3 years with 7% compounded interest. How much does Ishaan owe Joe in total?
35,000 dollars
350 dollars
61.25 dollars
6,125.22 dollars
Kelly borrowed $890 from Lizzy, for 5 years with 20% compounded interest to buy a plane ticket. How much does Kelly owe Lizzy in total?
$1780.90
$2214.60
$7896.45
$9086.69
Nathan borrowed $1250 from Santiago, for 16 years with 35% compounded interest. How much does Nathan owe Santiago at the end of the 16 years?
$152,142.42
$1266.83
$54,277.52
$472,599.64
Chase borrowed $857 from Bradley, for 19 years with 24% compounded interest. How much interest does Chase owe Bradley at the end of the 16 years?
34,987.37 dollars
50,192.66 dollars
89,874.48 dollars
51,049.66 dollars
Gertrude borrowed $38,378 from Jimmy, for 35 years with 32% compounded interest. How much interest does Gertrude owe Jimmy at the end of the 35 years?
637,044,734.98 dollars
637,006,356.98 dollars
463,947,324.34 dollars
463,784,435.74 dollars
