6th Grade Math Simple Interest Word Problems

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Simple Interest Word Problems

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Sixth Grade: Simple Interest Word Problems

Find the simple interest earned
Find the simple interest earned on a principal \$1,400 at an annual interest rate of 6...
Josie places \$2400 in a bank account
Josie places \$2400 in a bank account for a period of two years and six months at a simple annual interest rate of 4.7%...
On May 1 Gerry opened a savings account
On May 1 Gerry opened a savings account that paid 4.5% interest at Forever Broke Savings Band with a deposit of \$600. Ten days later he deposited \$1000. Five days later he deposited \$500. No other deposits or withdrawls wew made. Fifteen days later the bank calculated the daily interest.

a. How much simple interest did he earn?
...
Terry`s investment of \$2,200 in the stock market
Terry's investment of \$2,200 in the stock market earned \$528 in two ...
If Ben invests 4000 at 4% interest per year
If Ben invests 4000 at 4% interest per year, how much additional money must he invest at 5.5% annual interest to ensure that the interest he receives each year is 4...
Khaild invests \$6750 at 8.5 per annum
Khaild invests \$6750 at 8.5 per ...

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