Simple Interest Worksheet
Simple Interest Worksheet. $800 for 3 months at 6% per year simple interest. Using i = prt solve the following interest problems for the interest or the balance.
$4,000 at 3 % for 4 years. 2 worksheets, one on simple interest the other on compound interest. 2) if michael invests $2000 in the bank at a rate of 5.5% for 6 years how much interest will he make?
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For example, say you invest $100 (the principal) at a 5% annual rate for one year. How much will he have in the account at the end of 4 years if he doesn’t add or withdraw any money? Answer key simple interest time = 2 years interest rate = 5% per annum interest rate = 8% per annum 1) principal = s 13,700 i = a = i = a = 2) principal = s 9,800 time = 6 years time = 5 years interest rate = 13% per annum 3) principal = s 5,425 i = s 1,370 s 15,070 s 3,526.25 a = s.
Juan Invested $5,000 In An Account That Pays 5% Interest.
£500 + £200 = £700 a) £10,000 at 10% per year for 3 years Printable worksheets @ www.mathworksheets4kids.com name : Avi put $290 in a savings account
Follow The Questions On Calculating The Rate Of Interest, Simple Interest, And The Amount Which Is Useful For Candidates To Calculate Various Problems.
To calculate simple interest, use this formula: $1,500 for 6 months at 5% simple interest 4. The simple interest calculation is:
The Corbettmaths Practice Questions On Simple Interest.
More simple interest interactive worksheets. Simple interest calculations other contents: Principal = amount + interest.
100 For 1 Year Is Called The Rate Of Interest Per Annum.
Sophie put $330 in a savings account at a simple interest rate of 4% per year. *click on open button to open and print to worksheet. $151.56 if you borrow $421 for nine years at an interest rate of 4%, how much interest will you pay?