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Simple Interest Worksheet 14 For Google Apps | |||||

1. If you borrow $701 at 4% for seven years, how much will you pay back by the end of the term? 2. Your final balance on an investment of $582 invested at 9% was $634.38. For what period of time did you invest? 3. How much principal must be invested to earn $43.20 in one year at an interest rate of 5%? 4. How much interest is earned on a principal of $209 invested at an interest rate of 3% for eight years? 5. How long must $387 be invested at a rate of 6% to earn $139.32 in interest? 6. If you put money into a savings account that earns $107.64 over three years at a rate of 6%, how much money did you put into the account? 7. How much interest is earned on a principal of $413 invested at an interest rate of 6% for eight years? 8. At what rate was an investment made that obtains $57.44 on $718 over one year? 9. How long must $521 be invested at a rate of 8% to earn $166.72 in interest? 10. If you invest $303 at an interest rate of 5%, how much money will you have after two years? |

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