Simple Interest

Front

Find the simple interest earned for principal of $2,000 at and 8% rate for 5 years.

Back

$800

Front

Find the simple interest paid on a loan of $750 with an 18% rate over 2 years.

Back

$270

Front

$8,000 at 9% simple interest for 18 years. Find the interest earned.

Back

$12,960

Front

Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?

Back

125

Front

Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?

Back

$1392

Front

Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?

Back

$120

Front

What does the t represent in the simple interest formula I=Prt?

Back

Time, in years

Front

Convert 18 months to years. 

Back

1.5 Years

Front

What does the "I" in the interest formula stand for?

Back

Interest

Front

What does the "r" in the interest formula stand for?

Back

rate