Simple Interest Worksheet 06Worksheets

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 Simple Interest Worksheet 06 ()
 1. You put \$500 into an investment at 6% for nine years. What will the balance be at the end of nine years? 2. Your final balance on an investment of \$400 invested at 8% was \$656.00. For what period of time did you invest? 3. You put \$500 into an investment at 4% for six years. What will the balance be at the end of six years? 4. How much principal must be invested to earn \$512.00 in eight years at an interest rate of 8%? 5. How much principal must be invested to earn \$175.00 in five years at an interest rate of 7%? 6. The cost of a loan for \$400 over one year is \$36.00. What was the rate on the loan? 7. If you invest \$600 at an interest rate of 4%, how much money will you have after four years? 8. What was the interest rate if your balance on an investment of \$500 at the end of nine years is \$905.00? 9. If you borrow \$100 at 3% for five years, how much will you pay back by the end of the term? 10. At what rate was an investment made that obtains \$15.00 on \$500 over one year?

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