5.07 Simple interest
Adaptive
Worksheet
Interactive practice questions
Calculate the simple interest earned on an investment of $\$1030$$1030 at $8%$8% per year for $2$2 years.
Give the answer to the nearest cent.
Easy
1min
Calculate the simple interest on a loan of $\$9300$$9300 at $2%$2% per year for $6$6 years.
Give the answer to the nearest dollar.
Easy
< 1min
Calculate the simple interest earned on an investment of $\$1050$$1050 at a semiannual rate of $1.1%$1.1% for $9$9 years.
Write your answer to the nearest cent.
Easy
2min
Calculate the simple interest earned on an investment of $\$7000$$7000 at $1.8%$1.8% per quarter for $9$9 years.
Give your answer to the nearest cent.
Easy
1min
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