Simple Interest Worksheet 26Worksheets

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 Simple Interest Worksheet 26 ()
 1. How much interest is earned on a principal of \$67.31 invested at an interest rate of 0.8% for five years? 2. How much interest is earned on a principal of \$6,831.51 invested at an interest rate of 14% for one year? 3. You take out a loan for \$6,337.46 at an interest rate of 0.6% for seven years. What is the total amount that you will have at the end of the seven years? 4. What will the final balance be for \$13.12 invested at 0.6% for nine years? 5. .91 is earned on funds invested at a rate of 1.0% over seven years. What was the amount of the original funds? 6. If a loan is taken out for \$7,991.77 at 13% and costs \$5,194.65, how long was the loan for? 7. If you take out a loan that costs \$8.92 over eight years at an interest rate of 1.3%, how much was the loan for? 8. If you invest \$43.90 at an interest rate of 1.0%, how much money will you have after two years? 9. You put \$377.10 into a savings account with an interest rate of 0.6% which earns \$4.53 over a period of time. How long was the period of time? 10. If you put \$8,292.60 in a savings account that pays 1.2% for six years what is the amount of money you will have at the end of the six years?

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