Know The Formula
What is the formula for simple interest?
What is I=Prt
P = $1,000, R = 5%, T = 2 years. What is I?
What is $100?
I = $60, R = 5%, T = 2 years. What is P?
What is $600?
Sam borrowed $1,000 at 5% for 1 year. How much interest will he pay?
What is $50?
True or False: Interest rate must be converted into a decimal before calculating.
What is true?
What does the P stand for?
What is Principal?
P = $500, R = 4%, T = 1 year. What is I?
What is $20?
I = $80, P = $800, T = 2 years. What is R?
What is 5%?
Maria deposited $600 at 4% for 2 years. How much interest will she earn?
What is $48?
What is the total amount including principal and interest: P=$900, I=$54?
What is $954?
What does the R stand for?
What is annual interest rate?
P = $2,000, R = 3%, T = 3 years. What is I?
What is $180?
I = $120, P = $1,000, R = 6%. What is T?
What is 2 years?
A bank loan of $800 earns $96 interest in 4 years. What’s the rate?
What is 3%?
If I = $144, and T = 4 years, how much is earned per year?
What is $36/a year?
What does the T stand for?
What is Time? (in year)
P = $1,200, R = 2.5%, T = 4 years. What is I?
What is $120?
I = $90, R = 3%, T = 3 years. What is P?
What is $1,000?
Lily invested $2,000 at 3.5% for 3 years. What is the total interest?
What is 210?
P = $2,500, R = 7%, T = 2 years. What's the total interest?
What is $350?
What does the I stand for?
What is interest earned or paid?
P = $750, R = 6%, T = 2.5 years. What is I?
What is $112.50?
I = $225, P = $1,500, T = 3 years. What is R?
What is 5%?
Jack took out a loan of $1,500 at 6% for 4 years. How much does he owe in interest?
What is $360?
You invest $1,200 at 6.5% for 3 years. What is the total earned?
What is $234?