Simple Interest

Flashcard
•
Mathematics
•
8th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Simple interest on a loan of $2000 at 5% per year for 3 years?
Back
$300
2.
FLASHCARD QUESTION
Front
Find the time in years required for an amount of $500 to earn $150 as simple interest at an annual rate of 6%.
Back
5 years
3.
FLASHCARD QUESTION
Front
If you borrow $5000 at a simple interest rate of 4% for 4 years, what will be the total amount you have to pay back?
Back
$5800
4.
FLASHCARD QUESTION
Front
Calculate the simple interest on $1500 for 2 years at an annual interest rate of 6%.
Back
$180
5.
FLASHCARD QUESTION
Front
Total payment for a loan of $2500 at 8% simple interest for 3 years?
Back
$3100
6.
FLASHCARD QUESTION
Front
Anna invested $2,500 at an annual rate of 5%. How long will it take until Anna earns $1,125 in interest?
Back
9 years
7.
FLASHCARD QUESTION
Front
$1500 is invested at a simple interest rate of 4.5% per year for 3 years. How much interest will be earned?
Back
$202.5
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