VOCABULARY
Questions
PERCENT TO DECIMAL
Time
100
what does "t" represent when you find the interest owed when you borrow money
What is the amount of time money is borrowed
100

Solve for I

$3,000, 5.5%, 2 years

What is $330 in 2 years

100

change 67% to a decimal

What is 0.67

100

12 months

What is one year?


200
the amount paid or earned for the use of money
What is simple interest
200

Solve for I

$1050 4.6%, 3 months

$12.08

200
change 1.5% to a decimal
What is .015
200

10 months

0.83

300
the amount of money deposited or invested
What is principal
300
Emilio's father borrows $1,200 from the bank for a riding lawn mower. the interest rate is 8% per year. how much simple interest will he pay if he if he takes 2 years to repay the loan?
What is $192 in interest in 2 years?
300
change 2.85% to a decimal
What is 0.0285
300

18 weeks

0.35

400
`annual interest rate written as a decimal
What is "R" in the simple interst form?
400
*Marcus has $1,800 from his summer job to invest. Suppose he invests the $1,800 for 2 years and earns $144. What is the rate of interst?
What is 4%?
400

change 11.45% to a decimal

What is 0.1145

400

452 days

t = 1.24

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