Simple Interest Worksheet 11 Worksheets
 Simple Interest Worksheet 11 ( )
Simple Interest Worksheet 11 For Google Apps
Solve the Simple Interest Problems:
1. If a loan is taken out for \$896 at 6% and costs \$107.52, how long was the loan for?
2. If the balance at the end of one year on an investment of \$643 that has been invested at a rate of 6% is \$681.58, how much was the interest?
3. How much principal must be invested to earn \$358.80 in eight years at an interest rate of 5%?
4. How much interest is earned on \$226 at 6% for seven years?
5. How much principal must be invested to earn \$126.00 in nine years at an interest rate of 5%?
6. What was the interest rate if your balance on an investment of \$970 at the end of three years is \$1,261.00?
7. If you borrow \$741 for five years at an interest rate of 8%, how much interest will you pay?
8. If you put \$353 into a savings account that earns 5%, how much interest will you receive at the end of six years?
9. Your final balance on an investment of \$628 invested at 10% was \$1,130.40. For what period of time
did you invest?
10. How much interest is earned on \$821 at 3% for five years?

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