4.1-4.3 Vocab and Simple Interest Quiz
star
star
star
star
star
Last updated over 3 years ago
12 questions
2
2
2
2
2
2
2
2
5
What is the interest earned on $4,500 invested for 5 years at 2% simple interest?
What is the interest earned on $4,500 invested for 5 years at 2% simple interest?
5
If you put $4000 in a bank account that earned 6% simple interest annually, what would the BALANCE of the account be after 3 years?
If you put $4000 in a bank account that earned 6% simple interest annually, what would the BALANCE of the account be after 3 years?
5
Edward invests $7000. What interest rate would it take to earn $560 in simple interest over the next two years?
Edward invests $7000. What interest rate would it take to earn $560 in simple interest over the next two years?
5
How long would it take to earn $2064 of simple interest at a 6% rate if i started with $4300.
How long would it take to earn $2064 of simple interest at a 6% rate if i started with $4300.