Chapter 7 Percent Worksheet With Answers Page 44
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
477.5 Interest
1. Calculate simple interest
e.g.2 If $500 is invested at 3.5% for 6 years, what will be
the total amount of money in the investment account
at the end of the 6 years?
$605
e.g.3 NAVIGATION SYSTEM A truck borrowed $480 at
8% for 3 months to purchase a GPS system. Find the
simple interest that must be paid on the loan.
(fraction of a
year)
$9.60
44
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Education