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Simple Interest Vobabulary
Equations for Simple Interest
Word Poblems for Simple Interest
Word Problems for Total Amount Earned
Mix
100
The letter R stands for?
What is rate
100

Determine interest - $2000, 7%, 4 years

What is $560

100
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

Determine interest - $7895, 7% , 2 years

What is $1105.30

200
The principal is?
What is the money you deposit in dollars
200

Determine interest - $5000, 4%, 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

Determine interest - $800, 5%, 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

Determine interest - $1000, 6%, 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

Determine interest - $4500, 8%, 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?
What is a)$585 b)$8385