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SMS PreAlg Simple Interest HW

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Last updated over 7 years ago
28 questions
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Find the final balance for each account for #1-17. Round your answer to the nearest cent.
Question 1
1.

$800 at 4.25% simple interest for 6 years.

Question 2
2.

Type the final answer for #1

Question 3
3.

$250 at 5% simple interst for 3 years.

Question 4
4.

Type your answer for #3

Question 5
5.

$900 at 8% simple interest for 1 year.

Question 6
6.

Type your answer to #5

Question 7
7.

$1,250 at 5% simple interst for 2 years

Question 8
8.

Type your answer to #7 here.

Question 9
9.

$1750 at 5% simple interst for 6 months

Question 10
10.

Type your answer for #9 here

Question 11
11.

$2,000 at 6% simple interst for 3 years

Question 12
12.

Type your answer to #11

Question 13
13.

$5,000 at 5% simple interest for 60 months.

Question 14
14.

Type your answer to #13

Question 15
15.

$6,000 at 5% simple interest for 18 months.

Question 16
16.

Type your answer to #16 here.

Question 17
17.

What is the interest earned on $350.00 invested 4 years at 5% simple interest?

Question 18
18.

Type your answer to #17

Question 19
19.

If I put $1500 into my savings account and earned $180.00 of interest at 4% simple intereset, how long was my money in the bank?

Question 20
20.

Type your answer to #19

Question 21
21.

What would my final balance be if I put $650 in thee bank for 60 months with an interest rate of 6%?

Question 22
22.

Type your answer to #21

Question 23
23.

David invested $1000.00 What would that money grow to in 18 months at 5.5% interest rate?

Question 24
24.

Type your answer to #23

Question 25
25.

My final balance after 48 months was $896.00. If I originally put $800.00 into the bank, what was the interest rate?

Question 26
26.

Type your answer to #25.

Question 27
27.

How long would it take me to earn $139.50 of interest at 6% interest rate if I started with $930.00?

Question 28
28.

Type your answer to #27