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Simple Interest Worksheet 04()

Simple Interest Worksheet 04

Simple interest word problem worksheets and printables for grade 8. Simple interest printables for word problems.

1. How much interest is earned on a principal of $200 invested at an interest rate of 5% for five years?
2. If you put money into a savings account that earns $20.00 over two years at a rate of 10%, how much money did you put into the account?
3. How much principal must be invested to earn $20.00 in four years at an interest rate of 5%?
4. If the balance at the end of eight years on an investment of $700 that has been invested at a rate of 5% is $980.00, how much was the interest?
5. How much principal must be invested to earn $30.00 in six years at an interest rate of 5%?
6. If a loan is taken out for $900 at 4% and costs $72.00, how long was the loan for?
7. The ending balance on an investment is $954.00. If the principal was invested at 6% for one year, what was the principal?
8. What will the final balance be for $400 invested at 3% for nine years?
9. What will the final balance be for $500 invested at 9% for five years?
10. How long must $200 be invested at a rate of 4% to earn $16.00 in interest?


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