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Simple interest worksheet pdf kuta. Interest is money paid or earned for the use of money. Simple and compound interest kuta pre algebra pdf. Worksheet by kuta software llc kuta software infinite precalculus compound interest name date period 1 brenda invests 4 848 in a savings account with a fixed annual interest rate of 5 compounded 2 times per year.
Ii the interest rate. B rearrange this formula to find. What will the account balance be after 6 years.
Simple and compound interest date period use simple interest to find the ending balance. Use simple interest to find the ending balance. 2 if michael invests 2000 in the bank at a rate of 5 5 for 6 years how much interest will he make.
Simple interest worksheet 03. The principal is the amount of money borrowed or deposited. Simple interest word problem worksheets.
Use simple interest to find the ending balance. 1 46 500 at 3 4 for 5 years 2 58 000 at 12 2 for 7 years 3 33 000 at 5 for 4 years 4 30 000 at 8 for 2 years 5 640 at 5 for 5 years 6 35 800 at 14 2 for 2 years. Simple interest worksheet 05.
Simple interest worksheet 06. Simple interest worksheet 07. 1 345 at 8 for 2 years 2 29 000 at 3 for 7 years.
A13 balance in a simple interest account the balance b of an account that earns simple interest is remember b p 1 rt. Reading notice that both equations are of the form y mx b. R worksheet by kuta software llc kuta software infinite pre algebra name markup discount and tax date period.
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2 lea invests 8 333 in a savings account. Worksheet by kuta software llc rp 3 simple interest i prt name id. Worksheet by kuta software llc finance simple and compound interest.
1 35 200 at 2 for 2 years 2 400 at 5 for 2 years 3 185 at 10 for 4 years 4 54 600 at. Simple interest worksheet 04. Worksheet by kuta software llc acdv b72 simple interest name instructor date class h e2w0 1o7 gkhubtoac fseoofetowbatrmeh wlflgcg m b wayllle prvihglhdtrsr prpeisfevr vceydm.
1 34 100 at 4 for 3 years 2 210 at 8 for 7 years. Simple and compound interest kuta pre algebra pdf. Grade 7 and 8 math worksheets with answers.
Simple interest worksheet 1 a the formula for simple interest is. Use simple interest to find the ending balance.
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