| |||||

Simple Interest Worksheet 30 For Google Apps | |||||

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? |

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