Simple Interest and Principal! Trivia Questions Quiz

  • CCSS.Math.Content.7.RP.A.3
  • CCSS.Math.Content.HSA-CED.A.1
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| Attempts: 116 | Questions: 159 | Updated: Mar 21, 2025
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1. I borrow $59000 at a rate of 13% simple interest per annum over 8 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit
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About This Quiz
Simple Interest and Principal! Trivia Questions Quiz - Quiz

This quiz titled 'Simple Interest and Principal! Trivia Questions Quiz' assesses your understanding of simple interest calculations for various loans. It tests your ability to apply percentage and time duration to compute total interest on borrowed amounts, enhancing financial literacy and mathematical skills.

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2. I borrow $68000 at a rate of 17% simple interest per annum over 11 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

3. I borrow $54000 at a rate of 8% simple interest per annum over 6 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

4. I borrow $25000 at a rate of 9% simple interest per annum over 7 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

5. I borrow $30000 at a rate of 11% simple interest per annum over 11 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

6. I borrow $57000 at a rate of 18% simple interest per annum over 8 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

7. I borrow $66000 at a rate of 17% simple interest per annum over 7 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

8. I borrow $73000 at a rate of 14% simple interest per annum over 13 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

9. I borrow $43000 at a rate of 16% simple interest per annum over 6 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

10. I borrow $85000 at a rate of 13% simple interest per annum over 12 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

11. I borrow $75000 at a rate of 9% simple interest per annum over 4 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

12. I borrow $40000 at a rate of 14% simple interest per annum over 9 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

13. I borrow $21000 at a rate of 15% simple interest per annum over 9 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

14. I borrow $90000 at a rate of 14% simple interest per annum over 13 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

15. I borrow $33000 at a rate of 10% simple interest per annum over 14 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

16. I borrow $99000 at a rate of 5% simple interest per annum over 14 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

17. I borrow $3000 at a rate of 8% simple interest per annum over 10 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

18. I borrow $55000 at a rate of 13% simple interest per annum over 11 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

19. I borrow $58000 at a rate of 13% simple interest per annum over 5 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

20. I borrow $49000 at a rate of 17% simple interest per annum over 5 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

21. I borrow $15000 at a rate of 8% simple interest per annum over 15 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

22. I borrow $31000 at a rate of 16% simple interest per annum over 6 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

23. I borrow $30000 at a rate of 10% simple interest per annum over 11 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

24. I borrow $40000 at a rate of 3% simple interest per annum over 13 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

25. I borrow $64000 at a rate of 4% simple interest per annum over 10 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

26. I borrow $30000 at a rate of 14% simple interest per annum over 10 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

27. I borrow $71000 at a rate of 11% simple interest per annum over 5 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

28. I borrow $77000 at a rate of 3% simple interest per annum over 4 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

29. I borrow $98000 at a rate of 10% simple interest per annum over 5 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

30. I am offered a simple interest loan to start a business. I borrow $48000 at a rate of 5% per annum over 11 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

31. I borrow $57000 at a rate of 4% simple interest per annum over 5 years. How much will I pay back in total for this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years), then don't forget to add on the principal to the amount of interest. That's what makes it the 'total paid back'.

Submit

32. I am offered a simple interest loan to start a business. I borrow $31000 at a rate of 4% per annum over 5 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

33. I am offered a simple interest loan to start a business. I borrow $30000 at a rate of 8% per annum over 5 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

34. I borrow an amount of money over 4 years and pay interest of $10680 at 3% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

35. I am offered a simple interest loan to start a business. I borrow $17000 at a rate of 5% per annum over 14 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

36. I am offered a simple interest loan to start a business. I borrow $73000 at a rate of 14% per annum over 6 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

37. I am offered a simple interest loan to start a business. I borrow $29000 at a rate of 15% per annum over 9 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

38. I am offered a simple interest loan to start a business. I borrow $60000 at a rate of 18% per annum over 10 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

39. I am offered a simple interest loan to start a business. I borrow $5000 at a rate of 18% per annum over 13 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

40. I am offered a simple interest loan to start a business. I borrow $13000 at a rate of 13% per annum over 6 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

41. I am offered a simple interest loan to start a business. I borrow $4000 at a rate of 12% per annum over 5 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

42. I am offered a simple interest loan to start a business. I borrow $9000 at a rate of 12% per annum over 13 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

43. I am offered a simple interest loan to start a business. I borrow $65000 at a rate of 4% per annum over 4 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

44. I am offered a simple interest loan to start a business. I borrow $79000 at a rate of 16% per annum over 12 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

45. I am offered a simple interest loan to start a business. I borrow $89000 at a rate of 11% per annum over 4 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

46. I am offered a simple interest loan to start a business. I borrow $98000 at a rate of 16% per annum over 5 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

47. I am offered a simple interest loan to start a business. I borrow $55000 at a rate of 5% per annum over 8 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

48. I am offered a simple interest loan to start a business. I borrow $36000 at a rate of 7% per annum over 10 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

49. I am offered a simple interest loan to start a business. I borrow $90000 at a rate of 10% per annum over 15 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

50. I am offered a simple interest loan to start a business. I borrow $53000 at a rate of 13% per annum over 9 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

51. I am offered a simple interest loan to start a business. I borrow $31000 at a rate of 18% per annum over 7 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

52. I am offered a simple interest loan to start a business. I borrow $66000 at a rate of 6% per annum over 9 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

53. I am offered a simple interest loan to start a business. I borrow $21000 at a rate of 16% per annum over 8 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

54. I am offered a simple interest loan to start a business. I borrow $99000 at a rate of 10% per annum over 9 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

55. I am offered a simple interest loan to start a business. I borrow $58000 at a rate of 5% per annum over 13 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

56. I am offered a simple interest loan to start a business. I borrow $89000 at a rate of 18% per annum over 14 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

57. I am offered a simple interest loan to start a business. I borrow $20000 at a rate of 18% per annum over 7 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

58. I am offered a simple interest loan to start a business. I borrow $5000 at a rate of 16% per annum over 5 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

59. I am offered a simple interest loan to start a business. I borrow $39000 at a rate of 9% per annum over 6 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

60. I am offered a simple interest loan to start a business. I borrow $76000 at a rate of 4% per annum over 5 years. How much interest will I pay on this loan?

Explanation

Using the Simple Interest formula, make 'I' the subject, and substitute the values in for Principal, rate (don't forget to convert it to a decimal - 12% per annum = 0.12) and time (in years)

Submit

61. I borrow $49000 and pay interest of $96040 over 14 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

62. I borrow $73000 and pay interest of $124100 over 10 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

63. I borrow $94000 and pay interest of $39480 over 7 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

64. I borrow $30000 and pay interest of $19200 over 4 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

65. I borrow $52000 and pay interest of $74360 over 13 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

66. I borrow $23000 and pay interest of $27370 over 7 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

67. I borrow $89000 and pay interest of $49840 over 4 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

68. I borrow $79000 and pay interest of $53720 over 4 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

69. I borrow $92000 and pay interest of $22080 over 8 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

70. I borrow $94000 and pay interest of $105280 over 8 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

71. I borrow $17000 and pay interest of $11050 over 5 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

72. I borrow $79000 and pay interest of $82160 over 13 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

73. I borrow $94000 and pay interest of $159800 over 10 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

74. I borrow $92000 and pay interest of $66240 over 8 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

75. I borrow $9000 and pay interest of $12600 over 14 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

76. I borrow $32000 and pay interest of $43200 over 9 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

77. I borrow $27000 and pay interest of $9720 over 12 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

78. I borrow $52000 and pay interest of $70200 over 15 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

79. I borrow $89000 and pay interest of $106800 over 8 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

80. I borrow $50000 and pay interest of $39000 over 13 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

81. I borrow $82000 and pay interest of $61500 over 15 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

82. I borrow $9000 and pay interest of $17640 over 14 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

83. I borrow $12000 and pay interest of $23760 over 11 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

84. I borrow $68000 and pay interest of $54400 over 8 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

85. I borrow $32000 and pay interest of $38400 over 12 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

86. I borrow $27000 and pay interest of $18900 over 5 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

87. I borrow $63000 and pay interest of $56700 over 9 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

88. I borrow $79000 and pay interest of $71100 over 5 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

89. I borrow $15000 and pay interest of $2400 over 4 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

90. I borrow $56000 and pay interest of $61600 over 10 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

91. I borrow $95000 and pay interest of $41800 over 4 years. If I was paying simple interest annually, what was the interest rate paid per annum over the term of the loan?

Explanation

Using the Simple Interest formula, make 'r' the subject, and substitute the values in for Principal, Interest and time (in years). Remember, a decimal of 0.05 is 5%. If you don't include the percentage sign, its just a number.

Submit

92. I borrow $17000 and pay interest of $12240 at 12% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

93. I borrow $19000 and pay interest of $12540 at 6% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

94. I borrow $93000 and pay interest of $39060 at 3% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

95. I borrow $77000 and pay interest of $75460 at 7% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

96. I borrow $24000 and pay interest of $37440 at 13% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

97. I borrow $95000 and pay interest of $38000 at 5% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

98. I borrow $6000 and pay interest of $3840 at 8% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

99. I borrow $16000 and pay interest of $40800 at 17% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

100. I borrow $94000 and pay interest of $97760 at 8% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

101. I borrow $8000 and pay interest of $7040 at 11% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

102. I borrow $21000 and pay interest of $38220 at 13% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

103. I borrow $22000 and pay interest of $22000 at 10% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

104. I borrow $42000 and pay interest of $29400 at 7% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

105. I borrow $65000 and pay interest of $23400 at 3% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

106. I borrow $64000 and pay interest of $66560 at 13% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

107. I borrow $54000 and pay interest of $37800 at 5% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

108. I borrow $41000 and pay interest of $34440 at 7% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

109. I borrow $50000 and pay interest of $108000 at 18% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

110. I borrow $31000 and pay interest of $13640 at 11% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

111. I borrow $48000 and pay interest of $21120 at 4% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

112. I borrow $46000 and pay interest of $27600 at 12% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

113. I borrow $88000 and pay interest of $63360 at 8% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

114. I borrow $69000 and pay interest of $103500 at 15% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

115. I borrow $70000 and pay interest of $58800 at 14% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

116. I borrow $85000 and pay interest of $61200 at 18% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

117. I borrow $52000 and pay interest of $101400 at 15% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

118. I borrow $25000 and pay interest of $12000 at 12% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

119. I borrow $50000 and pay interest of $42500 at 17% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

120. I borrow $55000 and pay interest of $35750 at 5% per annum. Over what period of time (in years) did I take out the loan? (Just a number is sufficient)

Explanation

Using the Simple Interest formula, make 't' the subject, and substitute the values in for Principal, Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. You don't need to write 'years' because the questions states that your answer is in years. It isn't 'incorrect', but it more than is required.

Submit

121. I borrow an amount of money over 14 years and pay interest of $31920 at 12% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

122. I borrow an amount of money over 7 years and pay interest of $28350 at 15% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

123. I borrow an amount of money over 5 years and pay interest of $64600 at 17% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

124. I borrow an amount of money over 7 years and pay interest of $27720 at 4% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

125. I borrow an amount of money over 12 years and pay interest of $51480 at 11% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

126. I borrow an amount of money over 9 years and pay interest of $71280 at 11% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

127. I borrow an amount of money over 5 years and pay interest of $13200 at 8% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

128. I borrow an amount of money over 9 years and pay interest of $4050 at 15% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

129. I borrow an amount of money over 10 years and pay interest of $42500 at 5% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

130. I borrow an amount of money over 12 years and pay interest of $42120 at 13% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

131. I borrow an amount of money over 5 years and pay interest of $20000 at 16% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

132. I borrow an amount of money over 12 years and pay interest of $6480 at 3% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

133. I borrow an amount of money over 9 years and pay interest of $59400 at 12% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

134. I borrow an amount of money over 9 years and pay interest of $63180 at 9% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

135. I borrow an amount of money over 7 years and pay interest of $35700 at 17% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

136. I borrow an amount of money over 13 years and pay interest of $28080 at 8% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

137. I borrow an amount of money over 12 years and pay interest of $11520 at 6% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

138. I borrow an amount of money over 11 years and pay interest of $116160 at 12% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

139. I borrow an amount of money over 7 years and pay interest of $79520 at 16% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

140. I borrow an amount of money over 5 years and pay interest of $4550 at 7% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

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141. I borrow an amount of money over 13 years and pay interest of $48880 at 8% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

142. I borrow an amount of money over 12 years and pay interest of $29760 at 4% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

143. I borrow an amount of money over 5 years and pay interest of $23800 at 17% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

144. I borrow an amount of money over 13 years and pay interest of $174720 at 16% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

145. I borrow an amount of money over 12 years and pay interest of $35280 at 3% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

146. I borrow an amount of money over 11 years and pay interest of $77000 at 7% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

147. I borrow an amount of money over 6 years and pay interest of $28080 at 6% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

148. I borrow an amount of money over 9 years and pay interest of $15300 at 17% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

149. I borrow an amount of money over 4 years and pay interest of $8160 at 6% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

150. I borrow an amount of money over 12 years and pay interest of $43680 at 13% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

151. I borrow an amount of money over 9 years and pay interest of $85860 at 18% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

152. I borrow an amount of money over 4 years and pay interest of $6240 at 3% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

153. I borrow an amount of money over 9 years and pay interest of $40500 at 10% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

154. I borrow an amount of money over 13 years and pay interest of $100620 at 9% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

155. I borrow an amount of money over 12 years and pay interest of $18720 at 13% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

156. I borrow an amount of money over 7 years and pay interest of $46620 at 9% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

157. I borrow an amount of money over 14 years and pay interest of $41440 at 4% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

158. I borrow an amount of money over 15 years and pay interest of $86100 at 7% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit

159. I borrow an amount of money over 8 years and pay interest of $58400 at 10% per annum simple interest. What was the principal amount I borrowed?

Explanation

Using the Simple Interest formula, make 'P' the subject, and substitute the values in for time (in years), Interest and rate (as a decimal). Remember, a decimal of 0.05 is 5%. Include a $ sign in your answer, or you aren't answering the question. $ is a unit of measure for money.

Submit
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