6.6 Simple Interest
$600.00 at 5% for 2 years
Use the formula to solve the problems
Simple Interest
Interest Earned
Balance of the Account
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
$1500.00 at 4% for 5 years
Use the formula to solve the problems
Simple Interest
Interest Earned
Balance of the Account
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
$350.00 at 3% for 10 years
Use the formula to solve the problems
Simple Interest
Interest Earned
Balance of the Account
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
$1800.00 at 6.5% for 30 months
Use the formula to solve the problems
Simple Interest
Interest Earned
Balance of the Account
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
$925.00 at 2.3% for 2.4 years
Use the formula to solve the problems
Simple Interest
Interest Earned
Balance of the Account
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
$5200.00 at 7.36% for 54 months
Use the formula to solve the problems
Simple Interest
Interest Earned
Balance of the Account
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
I=$24.00 , P=$400.00, t=2 years
Use the formula to solve the problems
Simple Interest
Find the annual interest rate
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
I=$562.50 , P = $1500.00 , t=5 years
Use the formula to solve the problems
Simple Interest
Find the annual interest rate
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
I= $54.00 , P= $900.00, T= 18 month
Use the formula to solve the problems
Simple Interest
Find the annual interest rate
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
I = $160.00, P= $2000.00, t = 8 Months
Use the formula to solve the problems
Simple Interest
Find the annual interest rate
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
$30.00
$720.00
$54.00
Intrest
Use the formula to solve the problems
Simple Interest
Find the amount of Time
$800.00
$1000.00
Principal
$500.00
I  =  P  r  t
Principal 
4.5%
Rate
3%
9%
Rate ( Decimal Form)
Time (Years)
TIme (years)
An account earns Simple Interest.


a)Find the Inerest

b)Find the balance of the account
Use the formula to solve the problems
Simple Interest
$200.00 at 3% for 5 years
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
An account earns Simple Interest.


a)Find the Inerest

b)Find the balance of the account
Use the formula to solve the problems
Simple Interest
I  =  P  r  t
$750.00 at 8% for 2 years
Principal 
Rate ( Decimal Form)
Time (Years)
An account earns Simple Interest.


a)Find the Inerest

b)Find the balance of the account
Use the formula to solve the problems
Simple Interest
I  =  P  r  t
Principal 
$1600.00 at 5% for 1 year
Rate ( Decimal Form)
Time (Years)
An account earns Simple Interest.


a)Find the Inerest

b)Find the balance of the account
Use the formula to solve the problems
Simple Interest
I  =  P  r  t
Principal 
$500.00 at 12% for 6 months
Rate ( Decimal Form)
Time (Years)
$1000.00 at 8% for 5 years
Amount paid on a loan
Use the formula to solve the problems
Simple Interest
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
Amount paid on a loan
$3500.00 at 10% for 2 years
Use the formula to solve the problems
Simple Interest
I  =  P  r  t
Principal 
Rate ( Decimal Form)
Time (Years)
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