Simple Interest Worksheet 21Worksheets

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 Simple Interest Worksheet 21 ()
 1. If you put money into a savings account that earns \$18.12 over one year at a rate of 0.3%, how much money did you put into the account? 2. You invested \$1,580.23 and received \$1,643.44 after eight years. What was the interest rate? 3. Your final balance on an investment of \$3,207.21 invested at 1.2% was \$3,245.70. For what period of time did you invest? 4. If a principal of \$55.60 was invested at a rate of 13% and terminates with a balance of \$106.20, how long was the money invested for? 5. What will the final balance be for \$72.45 invested at 14% for nine years? 6. How much interest is earned on \$6,472.10 at 16% for four years? 7. You take out a loan for \$74.08 at an interest rate of 6% for two years. What is the total amount that you will have at the end of the two years? 8. If you put \$915.42 into a savings account and a􀅌er seven years the balance is \$1,017.95, what was the interest rate? 9. The cost of a loan for \$237.19 over three years is \$21.35. What was the rate on the loan? 10. If a principal of \$6,230.94 was invested at a rate of 0.3% and terminates with a balance of \$6,268.33, how long was the money invested for?

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