Algebra: Interest Word Problems

This page is for algebra students who need help, and for teachers and tutors who are looking for practice word problems on interest.

Pre-Algebra

Interest in pre-algebra.

Algebra

Interest in algebra.

Compound Interest

Compound Interest in algebra.

Interest Rate

Interest Rate in algebra.

Principal Sum

Principal Sum in algebra.

Simple Interest

Simple Interest in algebra.

Algebra: Interest Word Problems

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Algebra: Interest WordProblems

Find the simple interest earned
Find the simple interest earned on a principal $1,400 at an annual interest rate of 6...
At age 27, Jill deposited $4,000 into an IRA
At age 27, Jill deposited $4,000 into an IRA, where it earns 9 7/8% interest compounded ...
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?
...
If $525 is deposited in an account
If $525 is deposited in an account paying 8.9% annual interest, compounded ...
Larry has 41300 to invest
Larry has 41300 to invest and needs $1800 in 12 ...
If a 23% interest rate
If a 23% interest rate is for a ...
Terry`s investment of $2,200 in the stock market
Terry's investment of $2,200 in the stock market earned $528 in two ...
Donna invested her bonus
Donna invested her $33,000 bonus and received a total of $970 in interest after one year.  If part of the money returned 4% and the reminder 2...
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...
Larry has $2600 to invest
Larry has $2600 to invest and needs $3100 in 11 years. What annual rate of return will he need to get in order to accomplish his ...
What is the value after 8 years
What is the value after 8 years of $5...
Khaild invests $6750 at 8.5 per annum
Khaild invests $6750 at 8.5 per ...
$24,000 was invested in two accounts
$24,000 was invested in two accounts. One account earned 8% annual interest and the other earned 9%. The total annual interest earned was $2020...
Irwin invested $2,500 in a company
Irwin invested $2,500 in a company. 18 months later he had received $581.25 in ...

How Others Use Our Site

Find interesting, varied problems for my students.
I want simple interest word problems with solutions.
My students really need help with problem solving and multi-step problems, I am looking for an interactive site that will grasp their interest and give me new ideas so I can prepare them everyday with one new word problem, to practice with and solve.
I am interested mostly in challenging word problems that can be solved in a variety of ways at a variety of levels.
I`m interested in finding word problems for various math topics and grade levels.
Worksheets and video tutorials to show as a review. I`m also interested in word problems that are specific to what we are working on (or reviewing) and put up on my smartboard for all to view. Hope to find more as I explore this site.
If there are typical and interesting problems i would like those.
Your word problems are very interesting.

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This Algebra page lists word problems on interest topic.