Simple Interest


Joanne invested 600 in the bank for 9 years at 6% simple interest per annum. Find the total amount she should get back at the end?


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Simple Interest

Joanne invested $18600 in the bank for 9 years at 6% simple interest per annum. Find the total amount she should get back at the end?

  • Joanne invested $18600 in the bank for 9 years at 6% simple interest per annum. Find the total amount she should get back at the end?

Danny borrowed from a friend a sum of $10300 at 14% simple interest. he returned the amount after 48 months. How much he returned to clear the debt?

  • Danny borrowed from a friend a sum of $10300 at 14% simple interest. he returned the amount after 48 months. How much he returned to clear the debt?

Lawrence deposited $11,900 in the bank which gave interest 16%. What amount will he receive after 8 years and 9 months?

  • Lawrence deposited $11,900 in the bank which gave interest 16%. What amount will he receive after 8 years and 9 months?

Assignment

In-Class

  • Review Jeopardy
    • https://jeopardylabs.com/play/simple-interest

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