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    Simple Interest Worksheet 2

    Uploaded by

    A.Benson
    This document provides 10 word problems involving calculating simple interest. It lists each problem along with the corresponding calculation of the interest amount. The problems involve calculating interest on investments and loans over various periods of time ranging from 1 to 9 years, with interest rates ranging from 3% to 10%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Simple Interest Worksheet 2

    Uploaded by

    A.Benson
    820 views2 pages
    This document provides 10 word problems involving calculating simple interest. It lists each problem along with the corresponding calculation of the interest amount. The problems involve calculating interest on investments and loans over various periods of time ranging from 1 to 9 years, with interest rates ranging from 3% to 10%.

    Original Description:

    Math work

    Original Title

    Simple-Interest-Worksheet-2

    Copyright

    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    This document provides 10 word problems involving calculating simple interest. It lists each problem along with the corresponding calculation of the interest amount. The problems involve calculating interest on investments and loans over various periods of time ranging from 1 to 9 years, with interest rates ranging from 3% to 10%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    820 views2 pages

    Simple Interest Worksheet 2

    Uploaded by

    A.Benson
    This document provides 10 word problems involving calculating simple interest. It lists each problem along with the corresponding calculation of the interest amount. The problems involve calculating interest on investments and loans over various periods of time ranging from 1 to 9 years, with interest rates ranging from 3% to 10%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Name:

    Calculate the Simple Interest for the Word Problems:

    1. If the balance at the end of eight years on an investment of $630 that


    has been invested at a rate of 9% is $1,083.60, how much was the
    interest?

    2. If you borrow $675 for six years at an interest rate of 10%, how much
    interest will you pay?

    3. How much interest is earned on $470 at 4% for seven years?

    4. If you borrow $421 for nine years at an interest rate of 4%, how much
    interest will you pay?

    5. If you borrow $491 for one year at an interest rate of 3%, how much
    interest will you pay?

    6. How much interest does a $318 investment earn at 9% over one year?

    7. If the balance at the end of eight years on an investment of $230 that


    has been invested at a rate of 3% is $285.20, how much was the
    interest?

    8. If you borrow $225 for eight years at an interest rate of 6%, how much
    interest will you pay?

    9. How much interest is earned on a principal of $646 invested at an


    interest rate of 5% for two years?

    10. How much interest does a $407 investment earn at 6% over seven
    years?

    http://math.about.com
    Name:

    Calculate the Simple Interest for the Word Problems:

    1. $453.60 If the balance at the end of eight years on an investment of $630 that
    has been invested at a rate of 9% is $1,083.60, how much was the
    interest?

    2. $405.00 If you borrow $675 for six years at an interest rate of 10%, how much
    interest will you pay?

    3. $131.60 How much interest is earned on $470 at 4% for seven years?

    4. $151.56 If you borrow $421 for nine years at an interest rate of 4%, how much
    interest will you pay?

    5. $14.73 If you borrow $491 for one year at an interest rate of 3%, how much
    interest will you pay?

    6. $28.62 How much interest does a $318 investment earn at 9% over one year?

    7. $55.20 If the balance at the end of eight years on an investment of $230 that
    has been invested at a rate of 3% is $285.20, how much was the
    interest?

    8. $108.00 If you borrow $225 for eight years at an interest rate of 6%, how much
    interest will you pay?

    9. $64.60 How much interest is earned on a principal of $646 invested at an


    interest rate of 5% for two years?

    10. $170.94 How much interest does a $407 investment earn at 6% over seven
    years?

    http://math.about.com

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