Simple Interest Worksheet 01 Worksheets
 Simple Interest Worksheet 01 ( )
 Basic simple interest word problems for middle grade students. These word problems have the answers on the second page. 1. If you put money into a savings account that earns \$84.00 over seven years at a rate of 3%, how much money did you put into the account? 2. How much interest is earned on a principal of \$200 invested at an interest rate of 9% for eight years? 3. If an investment over eight years at a rate of \$160.00 results in a final balance of \$660.00, what was the original investment? 4. How much interest is earned on \$300 at 6% for six years? 5. What is the interest rate if a principal of \$700 earns \$196.00 in interest in seven years? 6. What will the final balance be for \$700 invested at 3% for three years? 7. If you borrow \$500 at 5% for two years, how much will you pay back by the end of the term? 8. If you borrow \$200 at 10% for seven years, how much will you pay back by the end of the term? 9. You put \$700 into a savings account with an interest rate of 10% which earns \$140.00 over a period of time. How long was the period of timeme? 10. If you invest \$200 at an interest rate of 10%, how much money will you have after three years?

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