Simple Interest Practice

Calculate simple interest using principal, annual rate and time.

Math8th Grade

Let’s practice!

0 of 1 answered

01 Solve each money problem. Answers are in US dollars unless cents are requested.

Solve each problem, then check your answers.

1. Invest $123.00 at 5% simple annual interest for 2 years. Interest earned: $

2. Invest $140.00 at 5% simple annual interest for 2 years. Interest earned: $

3. Invest $157.00 at 5% simple annual interest for 2 years. Interest earned: $

4. Invest $174.00 at 5% simple annual interest for 2 years. Interest earned: $

5. Invest $102.00 at 5% simple annual interest for 2 years. Interest earned: $

6. Invest $119.00 at 5% simple annual interest for 2 years. Interest earned: $

7. Invest $136.00 at 5% simple annual interest for 2 years. Interest earned: $

8. Invest $153.00 at 5% simple annual interest for 2 years. Interest earned: $