Simple Interest Vobabulary
$2000, 7% (0.07), 4 years
What is $560
Claire deposits $3600 at 5% per year for 2 years. How much simple interest does she earn?
What is $360
If Jack originally deposited $2000 and earned $500 in interest what was the total amount he made?
What is $2500
7% as a decimal
What is .07?
$5000, 4% (0.04), 2 years
What is $400
Brandon invests $4500 for 3 years. The interest rate is %5 per year. How much simple interest does he earn?
What is $675
If Carly originally depositied $1200 and earned $170 in interest what was the total amount she made?
What is $1370
13% as a decimal
What is .13
$800, 5% (0.05), 9 years
What is $360
Sydney invests $9200 for 6 years. The interest rate is 8% per year. How much simple interest does she earn?
What is $4416
If Jesse orignally depositied $4560 and he eanred $274 in interest what was the total amount that he made?
What is $4834
8% as a decimal
What is .08
$1000, 6% (0.06), 15 years
What is $900
Derek puts $1500 in a 21 year investment. The interest rate is 4% per year. How much simple interest does he earn?
What is $1260
If Megan originally deposited $3892 and earned $427 in interest what was the total amount she made?
What is $4319
99% as a decimal.
What is .99?
Name all the variables in the formula:
I=PRT
Interest = Principle (rate) (time)
$4500, 8% (0.08), 5 years
What is $1800
Figure out which will have a higher amount of simple interest earned: a)$4000 invested at 6% per year for 5 years b)$4000 invested at 4% per year for 7 years
What is A
If Tyler originally deposited $6742 and he earned $594 in interest what was the total amount that he made?
What is $7336
100% as a decimal
What is 1?