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What's on the worksheet
- Find the simple interest for each principal, rate and time.P = 500, r = 6\%, t = 2 yearsP = 1{,}250, r = 4\%, t = 3 yearsP = 900, r = 5.5\%, t = 4 yearsP = 2{,}000, r = 3.25\%, t = 6 monthsP = 640, r = 7.5\%, t = 1.5 years
- Find the missing quantity in each line of the interest formula.P = 400, t = 3 years, I = 54P = 1{,}500, r = 4\%, I = 150r = 6\%, t = 4 years, I = 180P = 2{,}400, r = 1.5\% per month, I = 180
- Word problem: interest on Sofia's 30 day loan counted in days.
- Word problem: total cost of Daniel's car loan from a credit union.
- Find the mistake in Ryan's interest for a loan repaid after 8 months.
- Word problem: Jasmine's uncle's loan with interest paid at year end.
- Use a savings bond's values at two year ends to find its interest.
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The free lesson teaches it with worked examples and practice problems.
Simple interest: the lesson ›More Chapter 4 worksheets: Percent applications and percent change
- 4.1Finding what percent one number is of another
- 4.2Finding the whole from a part and a percent
- 4.3Solving percent problems with an equation or a proportion
- 4.4Percents above 100 and below 1
- 4.5Percent increase and decrease
- 4.6The multiplier for a percent change
- 4.7Two percent changes one after the other
- 4.8Discounts, sales tax, tips and commission
- 4.9Markup and margin
- 4.10Simple interest
- 4.11Measurement error
- 4.12Percent error