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Simple/Compound Int.
Directions: Find the balance - Pre-Algebra Ch. 7
| Question | Answer |
|---|---|
| $200 at a simple interest rate of 7% for 2 years | $228 |
| $870 at a simple interest rate of 6% for 9 months | $909.15 |
| $495 at 8% compounded annually for 2 years | $577.37 |
| $1,280 at 13% compounded annually for 3 years | $1846.91 |
| $2000 at 5% compounded semiannually for 2 years | $2,207.63 |
| $15,600 at 10% compounded semiannually for 3 years | $20,905.49 |
| $3000 at 14% compounded annually for 4 years | $5,066.88 |
| $500 at a simple interest rate of 3% for 4 years | $560 |
| $35 at a simple interest rate of 2.5% for 1 year | $35.88 |
| $8900 at 9% compounded semiannually for 5 years | $13,821.43 |
| $54,500 at 3% compounded semiannually for 9 years | $71,250.06 |
| $900 at a simple interest rate of 8% for 3 months | $918 |
Created by:
unverferth
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