Simple Interest

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$4440

Brian borrows $7,400 from Ed, who charges him 12% simple interest each year. how much will Brian pay Ed in interest if he repays after 5 years?

$168.20

Justin wants to buy a laptop computer that costs $580. He gets a loan from Computers 'R' Us with an interest rate of 14.5%. If Justin pays in 2 years , how much interest will he pay for this?

$192.00

Principal - $1,600 Time - 3 years Rate - 4%

$33.75

Principal - $150 Rate - 15% Time - 18 months

$981.00

Principal - $3,270 Time - 4 years Rate - 7.5%

$396

Principal - $3,300 Time - 18 months Rate - 8%

$633.75

Principal - $325 Rate - 13% Time - 15 years

$140.00

Principal - $800 Time - 42 months Rate - 5%

$702.00

Principal - 1200 Rate - 13% Time - 4.5 years

$62.70

Rate - 11% Time - 2 years Principal - $285.00

$2,025

Samuel invests $2,500 into an account that earns 9% simple interest for 9 years. How much money will Samuel have in interest?

$166.50

Shane deposits $500 in an account that earns 7.4% simple interest. How much interest will he have after 54 months?

$10

Sue deposits money on an investment of $500. If the money was invested at a simple interest rate of 4% for 6 months , how much money did she make in interest?

$180.00

how much interest would it be on a 2-year student loan If you borrowed $3,000, and your interest rate is 3% .

$600.00

You are borrowing money to purchase a used car for $2,000. The loan paperwork shows that you will pay a 6% rate after 5 years. What was the interest for your loan?


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