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712LRIS WS#8M (Purple) Simple Interest cloned
By Chiffawn Simpson
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Last updated about 4 years ago
10 questions
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Question 1
1.
How much interest will she have earned at the end of 6 years?
Write answer like: $1
1
1
1
1
1
Question 7
7.
Find the amount of time if
I = $825
P = $2500
r = 5.5%
Write answer like: t=10 years
Question 8
8.
Find the Principal amount if
I = $268.80
r = 5.6%
t = 4 years
Write answer like: P=$123
Question 9
9.
Find the annual interest rate if
I = $310
P = $1000
t = 5 years
Write answer like: r=1.1%
Question 10
10.
How do you feel you did on this assignment?
4 - I know this VERY well. I could teach it to someone else.
3 - I feel like I know this pretty well. I get almost every question right the first time.
2 - I feel like I am still learning this. I still have some questions and am unsure sometimes.
1 - I don't understand at all. I have LOTS of questions and am not sure what to do most of the time. I NEED TO BE REQUESTED FOR ADVISORY!
Question 2
2.
What will the balance be when she is finally able to withdraw her money?
Write answer like: $1
Question 3
3.
How much will Craig have paid in interest by the time his car is paid off?
Write answer like: $1
Question 4
4.
How much will he have paid for his car, including interest, after 5 years?
Write answer like: $1
Question 5
5.
How much interest will Allison have earned when she turns 21 years old?
Write answer like: $1
Question 6
6.
How much money will be in the account on her 21st birthday?
Write answer like: $1