Personal Finances

Flashcard
•
Mathematics
•
8th Grade
•
Hard
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18 questions
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1.
FLASHCARD QUESTION
Front
Back
$112.50
2.
FLASHCARD QUESTION
Front
Back
$16,250
3.
FLASHCARD QUESTION
Front
Back
$62.60
4.
FLASHCARD QUESTION
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
5.
FLASHCARD QUESTION
Front
Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?
Back
$1,200
6.
FLASHCARD QUESTION
Front
Principal = $500
Interest earned in 4 years = $60.
Find the interest rate.
Back
3%
7.
FLASHCARD QUESTION
Front
Sam borrowed $4,500 for 2 years and had to pay $630 simple interest at the end of that time. What rate of interest did he pay?
Back
7%
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