Form 9: Simple Interest - Multi-Year Investments Exercise

Form 9: Simple Interest - Multi-Year Investments

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Form 9: Simple Interest - Multi-Year Investments

Calculate simple interest earned or owed on investments over multiple years. Practice working with multi-year time periods in financial contexts.

Questions

  1. MultiChoice

    Calculate simple interest earned on $1,000 at 4% annual interest over 5 years.

  2. MultiChoice

    What is total balance on $1,000 at 4% simple interest over 5 years?

  3. MultiChoice

    Find simple interest on $1,500 at 2% per year over 10 years.

  4. MultiChoice

    Determine total amount in account after 10 years for $1,500 at 2% simple interest.

  5. MultiChoice

    Calculate simple interest on $2,000 at 3.5% per year over 6 years.

  6. MultiChoice

    Find total amount after 6 years on $2,000 at 3.5% simple interest per year.

  7. MultiChoice

    What is simple interest earned on $3,000 at 3% for 5 years?

  8. MultiChoice

    Determine total balance on $3,000 principal invested at 3% simple interest for 5 years.

  9. MultiChoice

    Calculate simple interest earned on $2,500 at 5% rate for 4 years.

  10. MultiChoice

    Find total amount on $2,500 at 5% simple interest after 4 years.

  11. MultiChoice

    What is simple interest on $4,000 at 3% per year for 6 years?

  12. MultiChoice

    Calculate total balance on $4,000 invested at 3% simple interest for 6 years.