Pre-Algebra: Simple Interest Help

This page is for pre-algebra students who need help, and for teachers and tutors who are looking for resources on simple interest.
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Pre-Algebra: Simple Interest

Simple interest is calculated only on the principal amount, or on that portion of the principal amount which remains unpaid.
 
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At TuLyn, we have over 2000 math video tutorial clips including simple interest videos, simple interest practice word problems, simple interest questions and answers, and simple interest worksheets.

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  • Hundreds of video tutorials on simple interest make it easy for you to better understand the concept.
  • Hundreds of word problems on simple interest give you all the practice you need.
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Pre-Algebra: 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?
...
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Pre-Algebra: Simple Interest Practice Questions

Interest Rate: 1% each year
Starting Balance: $147
Time Passed: 6 years
How much interest has accrued if we are using simple ...
What is the interest of $3000 with the interest rate of 20% for 100 days?

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This Pre-Algebra page lists video tutorials, worksheets and word problems on simple interest topic.