Grade 7 Unlimited Math Practice: Simple Interest

Emma deposits $190 into a new savings account.

• The account earns 4% 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?

Elizabeth deposits $160 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?

Paula deposits $90 into a new savings account.

• The account earns 4% simple interest per year.
• No money is added or removed from the savings account for 3 years.

What is the total amount of money in her savings account at the end of the 3 years?

Marie deposits $110 into a new savings account.

• The account earns 6% simple interest per year.
• No money is added or removed from the savings account for 4 years.

What is the total amount of money in her savings account at the end of the 4 years?

Cathy deposits $160 into a new savings account.

• The account earns 4% simple interest per year.
• No money is added or removed from the savings account for 4 years.

What is the total amount of interest earned at the end of the 4 years?