SMS PreAlg Simple Interest HW
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by Malia Rivera
| 28 Questions
Find the final balance for each account for #1-17. Round your answer to the nearest cent.
1
1
$800 at 4.25% simple interest for 6 years.
2
1
Type the final answer for #1
3
1
$250 at 5% simple interst for 3 years.
4
1
Type your answer for #3
5
1
$900 at 8% simple interest for 1 year.
6
1
Type your answer to #5
7
1
$1,250 at 5% simple interst for 2 years
8
1
Type your answer to #7 here.
9
1
$1750 at 5% simple interst for 6 months
10
1
Type your answer for #9 here
11
1
$2,000 at 6% simple interst for 3 years
12
1
Type your answer to #11
13
1
$5,000 at 5% simple interest for 60 months.
14
1
Type your answer to #13
15
1
$6,000 at 5% simple interest for 18 months.
16
1
Type your answer to #16 here.
17
1
What is the interest earned on $350.00 invested 4 years at 5% simple interest?
18
1
Type your answer to #17
19
1
If I put $1500 into my savings account and earned $180.00 of interest at 4% simple intereset, how long was my money in the bank?
20
1
Type your answer to #19
21
1
What would my final balance be if I put $650 in thee bank for 60 months with an interest rate of 6%?
22
1
Type your answer to #21
23
1
David invested $1000.00 What would that money grow to in 18 months at 5.5% interest rate?
24
1
Type your answer to #23
25
1
My final balance after 48 months was $896.00. If I originally put $800.00 into the bank, what was the interest rate?
26
1
Type your answer to #25.
27
1
How long would it take me to earn $139.50 of interest at 6% interest rate if I started with $930.00?
28
1
Type your answer to #27
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