Title: Simple Interest Review
Course: quiz duplicate error

Q: Find the simple interest. Round your answer to the nearest cent.

Principal = $600
Interest Rate = 9%
Time in years = 1
- $54.00 (correct)
- $5.40 (incorrect)
- $66.67 (incorrect)
- $5400.00 (incorrect)
A: $54.00

Q: Find the simple interest. Round your answer to the nearest cent.

Principal = $39,700
Interest Rate = 5%
Time in years = 6
- $1323.33 (incorrect)
- $33,083.33 (incorrect)
- $1191.00 (incorrect)
- $11,910.00 (correct)
A: $11,910.00

Q: Find the simple interest. Round your answer to the nearest cent.

Principal = $660
Interest Rate = 3 [Image]%
Time in years = 3
- $64.35 (correct)
- $6.43 (incorrect)
- $715.00 (incorrect)
- $6.09 (incorrect)
A: $64.35

Q: Find the simple interest. Round your answer to the nearest cent.

Principal = $250
Interest Rate = 4%
Time in years = 1 [Image]
- $15.00 (correct)
- $6.67 (incorrect)
- $1.50 (incorrect)
- $93.75 (incorrect)
A: $15.00

Q: Find the simple interest. Round your answer to the nearest cent.

Principal = $1700
Interest Rate = 9.7%
Time in years = [Image]
- $137.42 (incorrect)
- $13.74 (correct)
- $164.90 (incorrect)
- $1.37 (incorrect)
A: $13.74

Q: Find the simple interest. Round your answer to the nearest cent.

Principal = $3400
Interest Rate = 3 [Image]%
Time in years = 7
- $916.30 (incorrect)
- $8330.00 (incorrect)
- $833.00 (correct)
- $714.00 (incorrect)
A: $833.00

Q: Find the simple interest. Round your answer to the nearest cent.

Principal = $93,400
Interest Rate = 15%
Time in months = 5
- $583,750.00 (incorrect)
- $70,050.00 (incorrect)
- $2802.00 (incorrect)
- $5837.50 (correct)
A: $5837.50

Q: Find the simple interest. Round your answer to the nearest cent.

Principal = $800
Interest Rate = 8 [Image]%
Time in months = 13
- $858.00 (incorrect)
- $34.67 (incorrect)
- $715.00 (incorrect)
- $71.50 (correct)
A: $71.50

Q: Find the simple interest. Round your answer to the nearest cent.

Principal = $30,000
Interest Rate = 4 [Image]%
Time in years = 1
- $1312.50 (correct)
- $131.25 (incorrect)
- $138.75 (incorrect)
- $1297.50 (incorrect)
A: $1312.50

Q: Find the simple interest. Round your answer to the nearest cent.

Principal = $60,000
Interest Rate = 5 [Image]%
Time in years = [Image]
- $2553.75 (incorrect)
- $2531.25 (correct)
- $3375.00 (incorrect)
- $253.12 (incorrect)
A: $2531.25

Q: Solve.

Find the simple interest when: Principal = $380, Rate = 4%, Time = 2 years
- $304.00 (incorrect)
- $15.20 (incorrect)
- $30.40 (correct)
- $152.00 (incorrect)
A: $30.40

Q: Solve.

Find the simple interest when: Principal = $640, Rate = 11.5%, Time = 2 years
- $147.20 (correct)
- $736.00 (incorrect)
- $73.60 (incorrect)
- $1472.00 (incorrect)
A: $147.20

Q: Solve.

Find the simple interest when: Principal = $2900, Rate = 10%, Time = [Image] years
- $2900.00 (incorrect)
- $290.00 (incorrect)
- $1812.50 (correct)
- $18,125.00 (incorrect)
A: $1812.50

Q: Solve.

Find the simple interest when: Principal = $1044, Rate = 15%, Time = 4 months
- $52.20 (correct)
- $6264.00 (incorrect)
- $626.40 (incorrect)
- $156.60 (incorrect)
A: $52.20

Q: Solve.

Tanya borrows $7100 and agrees to pay it back in 6 years. If the simple interest rate is 10%, find the total amount she pays back.
- $42,600 (incorrect)
- $49,700 (incorrect)
- $4260 (incorrect)
- $11,360 (correct)
A: $11,360

Q: Solve.

A company borrows $42,500 for 2 years at a simple interest of 14.5% to buy carpeting. Find the total amount paid on the loan.
- $12,325.00 (incorrect)
- $123,250.00 (incorrect)
- $43,732.50 (incorrect)
- $54,825.00 (correct)
A: $54,825.00

Q: Solve.

$145,000 is borrowed to buy a house. If the simple interest rate on the 30-year loan is 10.25%, find the total amount paid on the loan.
- $590,875.00 (correct)
- $189,587.50 (incorrect)
- $4,458,750.00 (incorrect)
- $445,875.00 (incorrect)
A: $590,875.00

Q: Solve.

A money market fund advertises a simple interest rate of 6%. Find the total amount received on an investment of $7000 for 9 months.
- $10,780.00 (incorrect)
- $315.00 (incorrect)
- $10,150.00 (incorrect)
- $7315.00 (correct)
A: $7315.00