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Worksheet For Kids

# Interest Rate Worksheet Interest Rate Worksheet. \$1,900 at 5.9% for 2 years. 4.4 worksheet name _____ period _____ date _____ compound interest:

Detailed online worksheet taking students through analysis of effects of interest changes on small businesses. Find the interest paid on a 1500 student loan at 4 rate over 5 years. 3) kelsey takes out a loan for \$6000 to start a business after high school.

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Worksheets are simple interest, simple interest, tax simple interest markups and mark downs, 7 math compound interest work, simple interest work, simple and compound interest, simple and compound interest, calculate the simple interest for the word problems. How much money will you have in 8 years if you invest \$4000 at 3.5% compounded quarterly? Find the simple interest on \$6,900 at 16⅔% per year for 2 years.

### _____ 16) Jim Invested \$4,000 In A Bond At A Yearly Rate Of 4.5%.

_____ b) rearrange this formula to find: How much interest does a \$318 investment earn at 9% over one year? Simple interest is the interest on a specific principal amount of money where some rate of interest is agreed upon.

### Demonstrates How To Calculate Interest When Given A Time Period, Interest Rate, And Principal Amount.

Find the total amount of the investment after 6 years. 2) if michael invests \$2000 in the bank at a rate of 5.5% for 6 years how much interest will he make? Detailed online worksheet taking students through analysis of effects of interest changes on small businesses.

### 3) Kelsey Takes Out A Loan For \$6000 To Start A Business After High School.

If a sum of money is doubled in 10 years in simple interest, in how many years will it be tripled ? The answers can be found below. The interest rate on the loan was 8%.

### Powerpoint With Link To Useful Video, Introducing Main Concepts.

Simple interest worksheet 1) a) the formula for simple interest is: Answer key simple interest time = 2 years interest rate = 5% per annum interest rate = 8% per annum 1) principal = s 13,700 i = a = i = a = 2) principal = s 9,800 time = 6 years time = 5 years interest rate = 13% per annum 3) principal = s 5,425 i = s 1,370 s 15,070 s 3,526.25 a = s. If you borrow \$421 for nine years at an interest rate of 4%, how much interest will you pay? 