Simple Interest Worksheet 05 Worksheets
 Simple Interest Worksheet 05 ()

Simple Interest Worksheet 05 For Google Apps

Answers to the simple interest word problems are on the second page of the worksheet.

1. If you borrow \$600 for seven years at an interest rate of 7%, how much interest will you pay?
2. The cost of a loan for \$900 over one year is \$72.00. What was the rate on the loan?
3. If you borrow \$500 at 6% for three years, how much will you pay back by the end of the term?
4. If you borrow \$800 for six years at an interest rate of 6%, how much interest will you pay?
5. The cost of a loan for \$600 over one year is \$60.00. What was the rate on the loan?
6. If you borrow \$300 for four years at an interest rate of 10%, how much interest will you pay?
7. The ending balance on an investment is \$1,036.00. If the principal was invested at 8% for six years, what was the principal?
8. If you received \$252.00 on \$400 invested at a rate of 9%, for how long did you invest the principal?
9. If you borrow \$900 at 3% for seven years, how much will you pay back by the end of the term?
10. How much interest does a \$300 investment earn at 4% over three years?

All worksheets are created by experienced and qualified teachers. Send your suggestions or comments.