Principal = $500

Interest Rate = 5%

Time = 5 years

What is the interest earned?

Dan borrows $1200 from a bank with 8% simple interest per year.  How much will he have to pay back IN TOTAL after 2 years?

How much interest will be earned for principal of $2,000 at and 8% rate for 5 years.

Find the simple interest earned for principal of $2,000 at and 8% rate for 5 years.

Jane received $875 from her graduation party. She put the money in a bank with a 4% simple interest rate. How much interest will she have earned after 7 years?

Colton took out a loan from the bank to purchase a car. If he borrowed $17,240 at a simple interest rate of 8.25%, how much total will he have paid after 5 years?

When you take a loan from the bank, they want you to pay it back in a certain amount of time. If the terms of your loan are "36 months", how many years do you have to pay back the loan?

When you take a loan from the bank, they want you to pay it back in a certain amount of time. If the terms of your loan are "48 months", how many years do you have to pay back the loan?

When you take a loan from the bank, they want you to pay it back in a certain amount of time. If the terms of your loan are "72 months", how many years do you have to pay back the loan?