# Simple Interest Card Sort & Solve

11 Questions | Total Attempts: 150  Settings  • 1.
1. David invests \$10,000 in a savings account that pays 3.5% simple interest.  If David makes no withdrawals or deposits to the account, how much will be in the account after 7 years.
• A.

A

• B.

B

• C.

C

• D.

D

• 2.
2. Gilberto invests \$900 in a savings account that pays 4% simple interest.  If Gilberto makes no withdrawals or deposits to the account, how much will be in the account after 7 years?
• A.

A

• B.

B

• C.

C

• D.

D

• 3.
3. Travis invests \$25,000 in a savings account that pays 2.5% simple interest.  How much interest does he earn each year?
• A.

A

• B.

B

• C.

C

• D.

D

• 4.
4. Jaxon invests \$100 into an account at a rate 2%.  He plans on keeping the account open for 15 years.  If it is a simple interest account, how much money will he have in the account?
• A.

A

• B.

B

• C.

C

• D.

D

• 5.
5. Laila deposited \$800 in an account that earns 6% simple interest.  How much will she have in her account at the end of 10 years if she makes no withdrawals or deposits?
• A.

A

• B.

B

• C.

C

• D.

D

• 6.
6. Nancy has \$675 in a savings account.  The simple interest rate is 3%.  How much interest will she earn in 2 years?
• A.

A

• B.

B

• C.

C

• D.

D

• 7.
7. Megan is currently in 8th grade and wants to begin saving money for college.  She wants to invest \$2000 in a simple interest account that pays at a rate of 3.5%.  How much interest will she earn in 7 years?
• A.

A

• B.

B

• C.

C

• D.

D

• 8.
8. Lana deposits \$500 into a savings account that gains simple interest at a rate of 2% annually.  How much interest will she earn in 10 years?
• A.

A

• B.

B

• C.

C

• D.

D

• 9.
Steve deposited \$5,000 in a savings account that pays 4% interest compounded annually. Which equation could be used to find the value of the account after 3 years?
• A.

A

• B.

B

• C.

C

• D.

D

• 10.
10.      Willa deposited \$5,000 in an account that pays 6% interest compounded annually.  Which expression can be used to find the value of her investment after 5 years?
• A.

A

• B.

B

• C.

C

• D.

D

• 11.
11.  Kelly plans to deposit her graduation money into an account and leave it there for 4 years while she goes to college. She receives \$750 in graduation money and she deposits it into an account that earns 4.25% interest compounded annually. How much will be in Kelly’s account at the end of four years if she makes no other deposits or withdrawals into the account?
• A.

A

• B.

B

• C.

C

• D.

D

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