Percent of Change and Simple Interest

Kermit took out a 4 year loan for $5,500. He had to pay a total of $1,870 in interest payments. What rate did he pay for his loan?

• 85%

• 5.5%

• 8.5%

• 14%

What is the interest earned on a savings account over 2 years, given a principal of $200 and a rate of 5%?

• $5

• $25

• $20

• $2

Jaime wants to earn $500 in interest so she'll have enough to buy a used car. She puts $2,000 into an account that earns 2.5% interest. How long will she need to leave her money in the account to earn $500?

• 10 years

• 1 year

• 5 years

• .1 years

Anna invested $2,500 at an annual rate of 5%.  How long will it take until Anna earns $1,125 in interest?

• 5 years

• 8 years

• 10 years

• 9 years

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

• $120

• $144

• $1,200

• $1,440

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

• $150

• $192

• $1350

• $1392

Find the PERCENT of change.
20 dogs to 5 dogs

• Decrease 15%

• Increase 15%

• Increase 75%

• Decrease 75%

Find the PERCENT of Change.
The original cost was $50 and the new cost is $60. 

• Increase 20%

• Increase 16.67%

• Increase $10

• Decrease $10

Find the percent of change if the original cost was $5 and the new cost is $1. 

• Increase $4

• Decrease $4

• Decrease 80%

• Decrease 400%

Find the percent of change if Eddie started with 20 tickets and ended with 30 tickets.

• Increase 10 tickets

• Increase 50%

• Increase 33%

• Decrease 50%