1
How much simple interest is owed on 5,000 dollars if borrowed for 1 year at 5%?
$250
What do you call a grumpy cow?
MOOdy
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
A bank offering 4.75% simple interest on a savings account. If you deposit 93,000 dollars, how much interest will you earn in 4 years?
$17,670
What is 0.0802% written as a decimal?
0.000802
Principal - $675
Rate - 10%
Time - 6 months
$33.75
A bank offering 8% simple interest on a savings account. If you deposit 700 dollars, how much interest will you earn in 2 months?
$9.30
What is 100.423% written as a decimal?
1.00423
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 each year into college savings account that pays 4% simple interest at the end of each year. She does not deposit the interest she earns each year. 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 simple interest will be added in 7 months?
$2.13
Brian put $3,400 in his savings account at a simple interest rate of 12% for 8 years. How much simple interest did he get over time?
$3,264
How much simple interest is owed on 18,000 dollars is borrowed for 125 days at 4.5%?
$275.40
A bank offering 9% simple interest on a savings account. If you deposit 32,000 dollars, how much interest will you earn in 364 days?
$2,851.20
Aaron deposits 10,000 dollars at 4% interest for 45 years. How much will he earn?
$18,000
Lilly makes regular deposits to a savings account to save money for retirement. She deposits 60,000 dollars at 7.8% for 12 years. How much 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 interest did her friend receive?
$10,948
Pat can get a student loan of $10,000 for 10 years at an interest rate of 7%. How much will she get?
$7,000
Kindle 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?
$3,100
Principal - $745,890
Rate - 104.65%
Time - 20 months
$1,295,752.65
I am tall when I am young, and I am short when I am old. What am I?
A candle