241  Interest
Simple Interest = Prt 1

Name : _________________

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You borrowed $2000 for 2 years with a 10% interest rate. What will be the total amount needed to pay off the loan?



You borrowed $2000 for 3 years with a 5% interest rate. What will be the total amount needed to pay off the loan?



You borrowed $2000 for 4 years with a 7% interest rate. What will be the total amount needed to pay off the loan?



You borrowed $4000 for 7 years with a 9% interest rate. What will be the total amount needed to pay off the loan?



You borrowed $8000 for 2 years with a 7% interest rate. What will be the total amount needed to pay off the loan?

You borrowed $3000 for 6 years with a 10% interest rate. What will be the total amount needed to pay off the loan?



You borrowed $6000 for 5 years with a 9% interest rate. What will be the total amount needed to pay off the loan?



You borrowed $4000 for 7 years with a 5% interest rate. What will be the total amount needed to pay off the loan?



You borrowed $5000 for 5 years with a 8% interest rate. What will be the total amount needed to pay off the loan?



You borrowed $10000 for 3 years with a 9% interest rate. What will be the total amount needed to pay off the loan?

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