Simple Interest

Simple Interest Bingo Card
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This bingo card has 16 words: $800 at 4.25% simple interest for 6 years. Find the balance., $250 at 5% simple interest for 3 years. Find the interest earned., I = $24, P = $400, t = 2 years. Find the simple annual interest rate., You borrow $300 to buy a guitar. The simple annual interest rate is 12%. You pay off the loan after 4 years of equal monthly payments. How much is each payment?, How long would it take me to earn $139.50 of interest at a 6% interest rate if I started with $930?, My final balance after 48 months was $896. If I originally put $800 into the bank, what was the interest rate?, $2,000 at 6% simple interest for 3 years. Find the balance., Mark took out a school loan for $24,000. The interest rate on the loan was 8%. Mark paid off the loan in just 5 years. How much did he pay altogether?, Joyce took out a small loan for $1200. The interest on the loan was 10.5%, but she paid it off in just 18 months. How much did she pay back in interest?, What would my final balance be if I put $650 in the bank for 60 months at an interest rate of 6%?, David invested $1000. What would that money grow to in 18 months with a 5.5% interest rate?, If I put $1500 into my savings account and earned $180 of interest at 4% simple interest, how long was my money in the bank?, $6000 at 5% simple interest for 18 months. Find the balance., $900 at 8% simple interest for 1 year. Find the balance., $1,750 at 5% simple interest for 6 months. Find the interest earned. and What is the interest earned on $350 invested 4 years at a 5% simple interest rate?.

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