Principal is
Simple Interest is
Compound Interest is
Determine the amount of interest that is added to the account.
Principal: $2,300
Simple Interest rate: 4%
Time: 10 years
James puts $800 in his account that earns 9% simple interest annually. How much will he have in hs account after 8 years.
Alexia opens a savings account with $3200 and made not further deposits. If the account pays 6% simple interest, how long will it take until the value of her account reaches $4,928?
Janice took out a load for $1,200. She paid off the loan in 15 years. If she paid a total 1,920 for the loan. What was her interest rate?
George put $650 in his savings account. He earns 5% simple interest on the account. What is the total amount that he will have in his account after 12 years?
Caroline took out a loan for $7,000. She received a 5% simple interest rate. She paid the loan off in 18 years. How much interest did she pay?
Jaden put $850 in his savings account. He will earn 3% simple interest. If he earned $255 in simple interest, how many years did he have the money in the account.