Simple Interest Total Saving

Simple Interest Total Saving
Name: ________________________ Score: _________
Calculate the total amount of money you have after you saved:
$2,000 at a 5% annual simple
interest rate for a period of 4 years.
$1,500 at a 6% annual simple
interest rate for a period of 3 years.
$9,250 at a 3% annual simple
interest rate for a period of 10 years.
$500 at a 3.5% annual simple
interest rate for a period of 9 years.
$4,400 at a 5.5% annual simple
interest rate for a period of 8 years.
$2,000 at a 11% annual simple
interest rate for a period of 3 years.
$2,000 at a 5% annual simple
interest rate for a period of 12 months.
$9,990 at a 5% annual simple
interest rate for a period of 3 years.
$2,000 at a 5% annual simple
interest rate for a period of 24 months.
$500 at a 15% annual simple
interest rate for a period of 2 years.
$1,000 at a 3% annual simple
interest rate for a period of 6 months.
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Answers
Calculate the total amount of money you have after you saved:
$2,000 at a 5% annual simple
interest rate for a period of 4 years.
$2,400
$1,500 at a 6% annual simple
interest rate for a period of 3 years.
$1,770
$9,250 at a 3% annual simple
interest rate for a period of 10 years.
$12,025
$500 at a 3.5% annual simple
interest rate for a period of 9 years.
$4,400 at a 5.5% annual simple
interest rate for a period of 8 years.
$657.50
$6,336
$2,000 at a 11% annual simple
interest rate for a period of 3 years.
$2,000 at a 5% annual simple
interest rate for a period of 12 months.
$2,660
$2,100
$9,990 at a 5% annual simple
interest rate for a period of 3 years.
$2,000 at a 5% annual simple
interest rate for a period of 24 months.
$11,488.50
$2,200
$500 at a 15% annual simple
interest rate for a period of 2 years.
$1,000 at a 3% annual simple
interest rate for a period of 6 months.
$650
$1,015
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