Simple Interest Problems - I = PRT1. Find the simple interest and amount in each of the following:(a) P = $1800R = 5%T = 1 year(b) P = $2600R = 12%T = 3 years(c) P = $3125R = 15%T = 1 year(d) P = $5660R = 11%T = 9 months (use .75 as T)(e) P = $180R = 3%T = 1 year2. Find the Principal when….. I = PRT
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3. Find the Rate when…..₂
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1. What sum would yield an interest of $36 in 3 years at 3% p.a.?
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2. At what rate per cent per annum will $250 amount to $330 in 4 years?
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MCR3UDate___________________________________Simple Interest Worksheet1. Find the simple interest and amount in each of the following:(a) P = $1800 R = 5% T = 1 year(b) P = $2600 R = 12% T = 3 years(c) P = $3125 R = 15% T = 73 days(d) P = $5660 R = 11% T = 9 months(e) P = $180 R = 3%T = 11Word problems on simple interest worksheet:2. What sum would yield an interest of $36 in 3 years at 3% p.a.?3. At what rate per cent per annum will $250 amount to $330 in 4 years?4. At what rate per cent per annum will $400 yield an interest of $78 in 11/2years ?5. In what time will $400 amount to $512 if the simple interest is the calculated at 14% p.a.?6. A sum amount to $2400 at 15% simple interest per annum after 4 years. Find the sum.7. Ken borrowed $2000 from Sam at 8% per annum. After 6 year he cleared the amount by giving $2600cash and a watch. Find the cost of the watch.8. In how many years will $400 yield an interest of $112 at 14% simple interest?9. In how many years will $12000 yield an interest of $13230 at 10% simple interest?/4year
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Financial Accounting: The Impact on Decision Makers
Norton/Porter
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Financial Accounting: The Impact on Decision Makers
Norton/Porter
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