Simple Interest
How much interest is earned in a savings account with an initial deposit $34,000 at 4% simple interest rate for 3 years?
$4,080
What is the balance of a savings account with a deposit of $1,240 at 8% compounded annually for 2 years?
$1,446.34
Extra amount of money made out of an investment or a loan
Interest
Maria invested $2500 at an annual simple rate of 5%. How long will it take until Maria earns $1125 in interest?
9 years
This superhero gets his name from when he was bit by an arachnid
Spiderman
What is the total amount owed on a loan of $210 at 8% simple interest rate for 7 years?
$327.60
After 2 years, how much interest is earned on a loan of $1,030 at a 4% compound interest rate?
$84.05
"r" stands for?
interest rate
Melissa opened an account with a deposit of $4,000.
What is the annual interest rate on this account?
7%
This rappers real name is Marshall Bruce Mathers III
Eminem
What is the balance of a simple savings account with a deposit of $4,000 at 3% after 4 years?
$4,480.00
What is the final balance of a loan of $12,700 with a 8.8% compound interest rate after 5 years?
$19,361.91
The initial amount of money invested or borrowed
Principal
How many years does Bruce need to invest $2087.50 at a 6% simple interest rate to earn $501 in interest?
4 years
Charli D'Amelio
How much simple interest is earned after 2 years on a loan of $20,600 at 8%?
$3,296
How much interest is earned in a compound savings account with a rate of 7.9% over 4 years if you initially deposit $28,600?
$10,166.07
"t" stands for?
time (in years)
Brayan opened a savings account and deposited $125. After 6 months, there was $126.25 in the account. What is the annual simple interest rate on the account?
2%
Portuguese soccer player who has played for Manchester United, Real Madrid, and Juventus.
Christiano Ronaldo
After 18 months, what is the total amount owed to the bank for a loan of $14,500 at 6% simple interest rate?
$15,805
How much interest is earned on a savings account with an initial $1,200 at a 9.4% compound interest rate after 30 months?
$302.19
Interest earned + Principal = ____?____
Total or Final Balance
Daisy was charged $2,000 in simple interest for her medical school loan. If her loan had a rate of 5% and was for 2 years, how much was the principal?
$20,000
What is the name of Ms. Pilate's Guinea Pig?
Mango