Grade 7 Unlimited Math Practice: Simple Interest

Tenaja deposits $90 into a new savings account.

• The account earns 3% simple interest per year.
• No money is added or removed from the savings account for 5 years.

What is the total amount of money in her savings account at the end of the 5 years?

Gladys deposits $190 into a new savings account.

• The account earns 5.5% simple interest per year.
• No money is added or removed from the savings account for 5 years.

What is the total amount of interest earned at the end of the 5 years?

Erica deposits $100 into a new savings account.

• The account earns 3% simple interest per year.
• No money is added or removed from the savings account for 5 years.

What is the total amount of money in her savings account at the end of the 5 years?

Marilyn deposits $200 into a new savings account.

• The account earns 3.5% simple interest per year.
• No money is added or removed from the savings account for 5 years.

What is the total amount of money in her savings account at the end of the 5 years?

Natasha deposits $100 into a new savings account.

• The account earns 4.5% simple interest per year.
• No money is added or removed from the savings account for 3 years.

What is the total amount of interest earned at the end of the 3 years?