What is the Interest formula?
I=PRT
How do you convert a decimal to a percent?
What is move the decimal to the right two places.
Write an equation to find the simple interest rate when $450,000 earns $31,500 interest in 2 years.
31,500=450,000 x R x 2
Convert 7/8 to a percent.
What is 87.5%
Edgar takes out a loan of $5,540, to be repaid after 7 years at 8.5% simple interest. How much interest will Edgar have to pay on the loan?
$3,296.30 in Interest
What is the percent change from 150 to 132
12%
If you deposit $5,000 in a savings account, you will earn 6.5% simple interest over the first 10 years How much interest will the account earn over this period?
What is the percent change from $84.50 to $50.70?
What is 40%
Benjamin Bannaker, the famous mathemetician, went out to a fancy dinner. The dinner cost $89.67. He tipped the waiter 20% and tax was 5%. What was the total including tip and tax?
$115.41
Delilah deposits $8,255 in an account that pays 4.2% simple interest. How much money will be in her account after 8 years?
$11,028.68 total in her account