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I will know I am successful when:
*I can find simple interest using the following formula:
Find the amount of time if
I = $60
P = $750
r = 4%
Write answer like: t=10 years
Find the amount of time if
I = $825
P = $2500
r = 5.5%
Write answer like: t=10 years
Find the interest earned in your bank account with the following information:
P = $5000
r = 5.5%
t = 3 yrs
Write answer like: $123
What is the balance in your account now?
Write answer like: $1234
Find the interest earned in your bank account with the following information:
P = $800
r = 8%
t = 2.5 yrs
Write answer like: $123
What is the balance in your account now?
Write answer like: $123
Find the interest earned in your bank account with the following information:
P = $1025
r = 3%
t = 8 months
Write answer like: $12.34
What is the balance in your account now?
Write answer like: $1234.56
Complete the table.
What is the balance?
Write answer like: $1234
Complete the table.
What is the principal?
Write answer like: $1234
Complete the table.
What is the interest?
Write answer like: $1234
Complete the table.
What is the principal?
Write answer like: $12345
Complete the table.
What is the interest?
Write answer like: $123
How much will Craig have paid in interest by the time his car is paid off?
Write answer like: $12345
How much will he have paid for his car, including interest, after 5 years?
Write answer like: $12345
How much interest will she have earned at the end of 6 years?
Write answer like: $1234
What will the balance be when she is finally able to withdraw her money?
Write answer like: $12345
How much interest will Allison have earned when she turns 21 years old?
Write answer like: $1234
How much money will be in the account on her 21st birthday?
Write answer like: $12345
Find the Principal amount if
I = $84
r = 7%
t = 3 years
Write answer like: P=$123
Find the Principal amount if
I = $268.80
r = 5.6%
t = 4 years
Write answer like: P=$123
Find the annual interest rate if
I = $18
P = $200
t = 18 months
Write answer like: r=1%
Find the annual interest rate if
I = $310
P = $1000
t = 5 years
Write answer like: r=1.1%
You put $500 in a savings account. The account earns $15.75 simple interest in 6 months. What is the annual interest rate?
Write answer like: r=1.1%