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Maria borrowed $3,000 at a simple interest rate of 4% per year. How much did she have to repay after 4 years?
$125
3 years
$745.75
$1392
$3480
$120
$12
9%
You invest $500 at 4% rate and receive $60 in simple interest. How many years was it invested for?
$125
3 years
$745.75
$1392
$3480
$120
$12
9%
Ann puts $300 in a bank account earning 4% interest. How much will she earn in interest in 1 year?
$125
3 years
$745.75
$1392
$3480
$120
$12
9%
Dan borrowed $2,000 for 6 MONTHS at 12% annual simple interest rate. How much interest is that?
$125
3 years
$745.75
$1392
$3480
$120
$12
9%
Jenna borrowed $5,000 for 3 years and had to pay $1,350 simple interest at the end of that time. What rate of interest did she pay?
$125
3 years
$745.75
$1392
$3480
$120
$12
9%
Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% in simple interest. What will be his balance after 15 years?
$125
3 years
$745.75
$1392
$3480
$120
$12
9%
Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?
$125
3 years
$745.75
$1392
$3480
$120
$12
9%
Given Principal = $500, Interest rate =5%, and Time = 5 years. What is the interest earned?
$125
3 years
$745.75
$1392
$3480
$120
$12
9%
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