interest rates examples


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George earned $16 as simple interest on $800 for 3 months. Find the ye..
George earned $16 as simple interest on $800 for 3 months. Find the yearly rate of interest. => 7% or 10% or 9% or 8%..
Find the simple interest on a principal of $140 for a period of 4 year..
Find the simple interest on a principal of $140 for a period of 4 years at an interest rate of 3%. => $15.80 or $16.80 or $17.80 or $18.80..
The simple interest on a principal of $300 at an interest rate of 5% i..
The simple interest on a principal of $300 at an interest rate of 5% is $45. For how many years is the simple interest calculated? => 3 or 6 or 5 or 4..
Find the simple interest for 4 years at a rate of 2% on $4500.
Find the simple interest for 4 years at a rate of 2% on $4500. => $465 or $285 or $420 or $360..
Tanya deposited $300 in her savings account. The rate of simple intere..
Tanya deposited $300 in her savings account. The rate of simple interest is 4% per year. Find the balance at the end of four years. => $48 or 1600 or $348 or 116..
A bank gives an interest at an annual rate of 10% compounded continuou..
A bank gives an interest at an annual rate of 10% compounded continuously. How long will it take to triple a deposit? => 13 years or 11 years or 12 years or 9 years or 10 years..
An amount becomes $1500 in 3 years and $6000 in 4 years on compound in..
An amount becomes $1500 in 3 years and $6000 in 4 years on compound interest. Find the rate of interest. => 4% or 3% or 2% or 5%..
Sheela can buy a DVD player in a single payment of $100 or by paying ..
Sheela can buy a DVD player in a single payment of $100 or by paying an interest of $10 per month. Find the rate of simple interest per month. => 10% or 20% or 16% or 4%..
Olga earned $19.80 as interest in 4 years. Find the principal if the r..
Olga earned $19.80 as interest in 4 years. Find the principal if the rate of interest is 3%. => $149.35 or $175.45 or $190.50 or $165..
Marissa deposited $900 in her savings account. The rate of simple inte..
Marissa deposited $900 in her savings account. The rate of simple interest is 5% per year. Find the balance at the end of 4 years. => $720 or $1080 or $180 or None of the above..
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