3010 Simple Interest Summary Quiz

Reviewed by Editorial Team

The ProProfs editorial team is comprised of experienced subject matter experts. They've collectively created over 10,000 quizzes and lessons, serving over 100 million users. Our team includes in-house content moderators and subject matter experts, as well as a global network of rigorously trained contributors. All adhere to our comprehensive editorial guidelines, ensuring the delivery of high-quality content.

Learn about Our Editorial Process

| By Anthony Nunan

Anthony Nunan

Community Contributor

Quizzes Created: 132 | Total Attempts: 47,368

| Attempts: 113

Quiz Flashcard

Questions

Feedback

During the Quiz End of Quiz

Difficulty

Easy First Hard First Sequential

1/185 Questions

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)

About This Quiz

The simple interest formula is given below in its standard form.
When asked for the amount of interest to be paid, this is the perfect formula to use. However, sometimes you will be required to find the principal, rate or time period for a loan, so rearranging this formula may make things simpler. If you are finding the principal, you See moremay rearrange the equation so P is on the left of the equation, and I, r and t are on the right. This is sometimes called 'making P the subject'. You calculator can do this easily for you.
This quiz tests your ability to find the Interest, Principal, rate, time and total amount on simple interest problems.

3010 Simple Interest Summary Quiz - Quiz

Quiz Preview

2.

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.

Rate this question:
3.

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.

Rate this question:
4.

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.

Rate this question:
5.

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.

Rate this question:
6.

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.

Rate this question:
7.

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.

Rate this question:
8.

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.

Rate this question:
9.

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.

Rate this question:
10.

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.

Rate this question:
11.

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.

Rate this question:
12.

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.

Rate this question:
13.

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.

Rate this question:
14.

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.

Rate this question:
15.

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.

Rate this question:
16.

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)

Rate this question:
17.

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)

Rate this question:
18.

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)

Rate this question:
19.

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)

Rate this question:
20.

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)

Rate this question:
21.

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)

Rate this question:
22.

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)

Rate this question:
23.

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)

Rate this question:
24.

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)

Rate this question:
25.

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)

Rate this question:
26.

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)

Rate this question:
27.

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)

Rate this question:
28.

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)

Rate this question:
29.

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)

Rate this question:
30.

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)

Rate this question:
31.

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)

Rate this question:
32.

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)

Rate this question:
33.

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)

Rate this question:
34.

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)

Rate this question:
35.

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'.

Rate this question:
36.

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'.

Rate this question:
37.

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'.

Rate this question:
38.

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'.

Rate this question:
39.

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'.

Rate this question:
40.

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'.

Rate this question:
41.

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'.

Rate this question:
42.

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'.

Rate this question:
43.

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'.

Rate this question:
44.

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'.

Rate this question:
45.

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'.

Rate this question:
46.

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'.

Rate this question:
47.

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'.

Rate this question:
48.

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.

Rate this question:
49.

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.

Rate this question:

Quiz Review Timeline (Updated): Mar 20, 2023 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

Current Version
Mar 20, 2023

Quiz Edited by
ProProfs Editorial Team
Nov 12, 2014

Quiz Created by
Anthony Nunan

Recent Quizzes

Mathematics of Investment (Quiz 1) | Created by: Ms. Gellie Mare E. Flores Mathematics of Investment (Quiz 1) | Created by: Ms. Gellie Mare E. Flores

Simple Interest Card Sort & Solve Simple Interest Card Sort & Solve

Simple Interest and Principal! Trivia Questions Quiz Simple Interest and Principal! Trivia Questions Quiz

calculation of Simple Interest quiz calculation of Simple Interest quiz

Simple Interest and Percent Change Quiz: Trivia Simple Interest and Percent Change Quiz: Trivia

Phase 3 Trade and Cash Discounts & Simple Interest and Simple Discounts Phase 3 Trade and Cash Discounts & Simple Interest and Simple Discounts

Back to top

3010 Simple Interest Summary Quiz

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)

Quiz Preview

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?

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?