simple interest 1
How much simple interest is owed on 5,000 dollars is borrowed for 1 year at 5%?
250
What does the "P" stand for in the formula "I=Prt"?
Principle
How much simple interest is owed on 2,000 dollars if borrowed for 7 years at 6%?
840
A bank offering 2.5% simple interest on a savings account. If you deposit 5,000 dollars, how much interest will you earn in one year?
125
An initial deposit of 5,000.00 dollars is made into a savings account with 7.1% interest annually. How much is in the account at the end of 5 years?
6775
After 80 years of 5.8% interest, an account has 100,000 dollars. What was the original deposit amount?
21,551.72
If you borrowed 675 dollars for six years at a simple interest at 10%, how much interest will you pay?
405
How much money would you have to invest to earn 131.60 dollars in interest at simple interest rate of 4% for seven years?
470
How much money was invested at 6% annual simple interest for 3 years to get 3,870 dollars in interest?
21,500
To buy a laptop computer, Elaine borrowed $2,000 for 3 years at an annual simple interest rate of 5%. How much interest will she pay if she pays the entire loan off at the end of the third year?
300
Gina deposits 150 dollars at the start of college into college savings account that pays 4% simple interest. How much total interest will Gina earn on her deposits through the end of the fifth year?
30
Debbie borrows 1,000,000 dollars for real estate development and makes annual interest only payment for three years at a rate of 7.5% per year. What is her total interest payment over the three year period?
225,000
Kelley puts 350 dollars in a savings account. The savings account accrues interest at a flat rate of 1.05% a month. How much will account be worth in 7 months?
375.73
Thomas loaned Brian $3,400 at a simple interest rate of 12% for 8 years. How much did Brian owe Thomas?
3726.40
Suppose you have 100 dollars in an account with an interest rate of 5% simple interest. How much will you earn in interest after 10 years?
50
Marlena saved 50 dollars in an account earning 3.5% simple interest. How much interest would her account earn in 10 years?
17.50
Aaron deposits 10,000 dollars at 4% simple interest for 45 years. How much will he earn in interest?
18,000
Lilly deposits to a savings account to save money for retirement. She deposits 60,000 dollars at 7.8% for 12 years. How much interest did she earn?
56,160
Sophia borrowed 7,000 dollars from her best friend at a simple interest rate of 4.6% for 34 years. How much will she receive back (total)?
17,948
Pat can get a student loan of $10,000 for 10 years at an interest rate of 7%. How much will have to pay back (total)?
17,000
Kendall loaned Marissa $20,000 to buy a car at a simple interest rate of 3.1% for 5 years. How much does Marissa owe Kindle?
23,100
What can you hold in your right hand and not in your left?
Your left elbow
You will always find me in the past. I can be created in the present, But the future can never taint me. What am I?
History