Simple Interest

Last updated almost 7 years ago

22 questions

Simple Interest

Last updated almost 7 years ago

22 questions

Find the final balance for each account for #1-17. Round your answer to the nearest cent. 

Question 1

$800 at 4.25% simple interest for 6 years.

Question 2

Type the final answer for #1

Question 3

$250 at 5% simple interst for 3 years.

Question 4

Type your answer for #3

Question 5

$900 at 8% simple interest for 1 year.

Question 6

Type your answer to #5

Question 7

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

Question 8

Type your answer to #7 here.

Question 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.

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

Question 20

20.

Type your answer to #19

Question 21

21.

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

Question 22

22.

Type your answer to #21

Find the final balance for each account for #1-17. Round your answer to the nearest cent. 