Back to Simple Interest — Problem 3 · Task Set 1
Exercises: Simple Interest
Show your work for each problem. Round dollar amounts to the nearest cent where needed.
Grade 7·22 problems·~30 min·Common Core Math - Percents·lesson·lesson-simple-interest
Work through problems with immediate feedback
A
Warm-Up: Percents and Decimals
These problems review skills you need for simple interest.
1.
A savings account pays 4% interest per year on the amount you deposit. After one year, a student earns $20 in interest. Which amount was most likely deposited?