Simple Interest And Principal! Trivia Questions Quiz

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| By Anthony Nunan
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Anthony Nunan
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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... see moretime duration to compute total interest on borrowed amounts, enhancing financial literacy and mathematical skills. see less

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.

Submit
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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