Simple Interest
Discounts
Markup
Tax
Compound Interest
100
Find the simple interest earned for the principal of $2,000 at and 8% rate for 5 years.
What is $800?
100
When calculating discounts the first step is to?
What is divide the percent by 100?
100
A store pays $1.50 for a bag of candy. If the store wants to mark-up the price 60%, for how much will the store sell the bag of candy?
What is $2.40?
100
The TV you bought was $900 and the sales tax was 10%, what was the total cost of the TV?
What is $990?
100
Karla invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded semi-annually, how much total will Karla earn in 15 years?
What is $2,706.86?
200
Find the simple interest paid on a loan of $750 with an 18% rate over 2 years.
What is $270?
200
You want to buy a shirt. The original price was $27, and the sale says 25% off. How much will pay for the shirt?
What is $20.25?
200
A store pays $32.00 for each video game. The store’s percent of mark up is 75%. Which shows the retail price of the video game?
What is $56.00?
200
The shirt that you bought was $20. The sales tax was 15%, what was the final price?
What is $23?
200
Principal: $5000
Interest Rate: 3.75%
Time: 25 years
Compounded Monthly
State the future account balance.
What is $12,749.30?
300
Find the simple interest paid on a loan of $1,500 at a rate of 19% 15 months.
What is $356.25?
300
You want to buy some groceries. There is a coupon that offers a 15% discount on your total bill. Your bill comes to $76. How much will you pay for your groceries?
What is $64.60?
300
Mrs. Allison buys Gucci bags wholesale for $28.00 and marks them up 900% to sell on her online store, what is the selling price of the bags?
What is $280.00?
300
The pair of pants at Moore's is $80, and the sales tax is 20%. Calculate the final price.
What is $96.00?
300
What does the n stand for in this formula?
What is the number of times compounded per year?
400
Find the simple interest paid on a loan of $4,750 at a rate of 19.5% for 30 months.
What is $2315.63?
400
A bracelet that regularly sells for $44 is on sale for 25% off. Find the sale price (discounted price) of the bracelet.
What is $11.00?
400
A computer store used a markup rate of 40%. Find the selling price of a computer game that costs $25.
What is $35.00?
400
The new Nintendo game costs $70. The sales tax was 5%, what was the total cost?
What is $73.50?
400
Heather invested $8,000 in a 4-year Certificate of Deposit (CD) that pays 4.1% interest compounded annually. What is the value of the CD at the end of the 4 years?
What is $9,394.92?
500
Find the simple interest paid on a deposit of $225 at a rate of 1.5% over 2 years.
What is $6.75?
500
A discounted price means the price has..
What is decreased?
500
A notebook is on sale for $1.50 with a 20% mark up. What is the sale amount?
What is $1.80?
500
The new Samsung 9 phone costs $500, and has a sales tax of 15%. What is the final price?
What is $575.00?
500
Emily’s parents put $1,500 in her bank account for college tuition. At an interest rate of 8.25% compounded semiannually,what will be the balance after 18 years?
What is $6,427.94?