Calculate the Simple Interest for the Word Problems
Name:
Calculate the Simple Interest for the Word Problems:
1.
If the balance at the end of eight years on an investment of $575.13 that
has been invested at a rate of 9% is $989.22, how much was the
interest?
2.
How much interest does a $14.57 investment earn at 8% over eight
years?
3.
How much interest is earned on $7.44 at 5% for four years?
4.
If you put $6.57 into a savings account that earns 6%, how much
interest will you receive at the end of seven years?
5.
How much interest is earned on a principal of $17.43 invested at an
interest rate of 9% for two years?
6.
If you put $3.25 into a savings account that earns 3%, how much
interest will you receive at the end of six years?
7.
How much interest is earned on $62.44 at 5% for five years?
8.
If the balance at the end of five years on an investment of $875.77 that
has been invested at a rate of 5% is $1,094.71, how much was the
interest?
9.
How much interest does a $746.74 investment earn at 8% over nine
years?
10.
How much interest is earned on a principal of $776.59 invested at an
interest rate of 6% for five years?
Name:
Calculate the Simple Interest for the Word Problems:
1. $414.09 If the balance at the end of eight years on an investment of $575.13 that has been invested at a rate of 9% is $989.22, how much was the interest?
2. $9.32
How much interest does a $14.57 investment earn at 8% over eight years?
3. $1.49 How much interest is earned on $7.44 at 5% for four years?
4. $2.76
If you put $6.57 into a savings account that earns 6%, how much interest will you receive at the end of seven years?
5. $3.14
How much interest is earned on a principal of $17.43 invested at an interest rate of 9% for two years?
6. $0.59
If you put $3.25 into a savings account that earns 3%, how much interest will you receive at the end of six years?
7. $15.61 How much interest is earned on $62.44 at 5% for five years?
8. $218.94 If the balance at the end of five years on an investment of $875.77 that has been invested at a rate of 5% is $1,094.71, how much was the interest?
9. $537.65 How much interest does a $746.74 investment earn at 8% over nine years?
10. $232.98 How much interest is earned on a principal of $776.59 invested at an interest rate of 6% for five years?
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