SMS PreAlg Simple Interest HW

by Malia Rivera

| 28 QuestionsFind 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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