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Q 1/10
Score 0
A sum of money is invested at an annual simple interest rate of 5%. If the interest earned in 2 years is $200, what was the principal amount?
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2500
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1500
Q 2/10
Score 0
John invests $1500 at an annual simple interest rate of 4%. How much total interest will he earn after 3 years?
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120
240
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300
10 questions
Q.
A sum of money is invested at an annual simple interest rate of 5%. If the interest earned in 2 years is $200, what was the principal amount?
1
30 sec
Q.
John invests $1500 at an annual simple interest rate of 4%. How much total interest will he earn after 3 years?
2
30 sec
Q.
If Mary wants to earn $360 in interest from an investment using simple interest over 4 years at an annual rate of 6%, what principal amount should she invest?
3
30 sec
Q.
A principal amount of $2000 is invested at an annual simple interest rate of 3.5%. What will be the total amount after 5 years?
4
30 sec
Q.
Emma borrowed $5000 at an annual simple interest rate of 7%. How much interest will she have to pay after 2 years?
5
30 sec
Q.
A $3000 investment earns a simple interest of $540 over 3 years. What is the annual interest rate?
6
30 sec
Q.
A $4000 investment grows to $4600 in 2 years under simple interest. What is the annual interest rate?
7
30 sec
Q.
A principal of $2500 is invested at a simple interest rate of 4.5% per annum. How much total interest is accrued after 6 years?
8
30 sec
Q.
If the simple interest earned on an investment in 4 years is $320 and the annual interest rate is 8%, what was the original principal?
9
30 sec
Q.
An amount of $1800 is invested at a simple interest rate of 5% annually. What is the total amount after 4 years?
