Claire deposits $3600 at 5% per annum for 2 years. How much simple interest does she earn?
What is $360
100
If Jack originally deposited $2000 and earned $500 in interest what was the total amount he made?
What is $2500
100
$7895, 7% (0.07), 2 years
What is $1105.30
200
The principal is?
What is the money you deposit in dollars
200
$5000, 4% (0.04), 2 years
What is $400
200
Brandon invests $4500 in a 3 year GIC. The interest rate is %5 per annum. How much simple interest does he earn?
What is 675
200
If Carly originally depositied $1200 and earned $170 in interest what was the total amount she made?
What is $1370
200
Calculate the total amount:
Principal: $8246
Interest: $967
What is $9213
300
The money you earn on your deposit
What is interest
300
$800, 5% (0.05), 9 months
What is $30
300
Sydney invests $9200 in a 6-month GIC. The interest rate is 8% per annum. How much simple interest does she earn?
What is $368
300
If Jesse orignally depositied $4560 and he eanred $274 in interest what was the total amount that he made?
What is $4834
300
Josh invests $6600 in a 4-year GIC. The interest rate is 4% per annum.
a) How much simple interest does he earn?
b) What is the total amount after 3 years?
What is a)$1056
b)$7656
400
What does t stand for?
What is time
400
$1000, 6% (0.06), 15 months
What is $75
400
Derek invests $1500 in a 21-month GIC. The interest rate is 4% per annum. How much simple interest does he earn?
What is $105
400
If Megan originally deposited $3892 and earned $427 in interest what was the total amount she made?
What is $4319
400
Jody invests $8200 in an 15-month GIC. The interest rate is 8% per annum:
a) How much simple interest does she earn?
b) What is the total amount after 15 months?
What is a)$820
b)$9020
500
What is the formula we use to find simple interest?
What is I=Prt
500
$4500, 8% (0.08), 5 years
What is 1800
500
Figure out which will have a higher amount of simple interest earned:
a)$4000 invested at 6% per annum for 5 years
b)$4000 invested at 4% per annum for 7 years
What is A
500
If Tyler originally deposited $6742 and he earned $594 in interest what was the total amount that he made?
What is $7336
500
Mike invests $7800 in a 18-month GIC. The interest rate is 5% per annum:
a) How much simple interest did he earn?
b) What was the total amount that he earned?