Simple Interest Worksheet 24Worksheets

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 Simple Interest Worksheet 24 ()
 1. You invested \$8,096.70 and received \$8,663.47 after one year. What was the interest rate? 2. If a principal of \$74.07 was invested at a rate of 15% and terminates with a balance of \$107.40, how long was the money invested for? 3. If you put money into a savings account that earns \$4.37 over five years at a rate of 1.6%, how much money did you put into the account? 4. If you take out a loan that costs \$687.18 over four years at an interest rate of 8%, how much was the loan for? 5. At what rate was an investment made that obtains \$681.51 on \$5,679.24 over four years? 6. If you put \$6,470.74 in a savings account that pays 1.4% for one year what is the amount of money you will have at the end of the one year? 7. If you received \$1,219.52 on \$7,621.98 invested at a rate of 8%, for how long did you invest the principal? 8. You invested \$635.98 and received \$839.49 after two years. What was the interest rate? 9. What will the final balance be for \$4,444.61 invested at 8% for one year? 10. If a loan is taken out for \$6,129.91 at 1.0% and costs \$490.39, how long was the loan for?

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