Simple Interest Worksheet 30Worksheets

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 Simple Interest Worksheet 30 ()
 1. \$15.59 is earned on funds invested at a rate of 3% over six years. What was the amount of the original funds? 2. If an investment over nine years at a rate of \$4.80 results in a final balance of \$71.41, what was the original investment? 3. How much interest is earned on \$187.15 at 5% for four years? 4. If you borrow \$678.52 for five years at an interest rate of 0.6%, how much interest will you pay? 5. If an investment over eight years at a rate of \$757.00 results in a final balance of \$1,545.54, what was the original investment? 6. What is the interest rate if a principal of \$656.58 earns \$42.02 in interest in eight years? 7. If you invest \$7,625.81 at an interest rate of 1.2%, how much money will you have after two years? 8. The cost of a loan for \$56.54 over eight years is \$63.32. What was the rate on the loan? 9. If you put \$8,613.78 into a savings account and a􀅌er eight years the balance is \$16,193.91, what was the interest rate? 10. If you put money into a savings account that earns \$722.86 over eight years at a rate of 3%, how much money did you put into the account?

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