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Froggy Jumps
Froggy Jumps

Simple Interest Activity

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Simple Interest Activity

Froggy Jumps

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About this activity

Identify the value of P, r and t

Created by

Lorelyn
Lorelyn
Philippines

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Simple Interest Activity
 

Froggy Jumps

Simple Interest ActivityOnline version

Identify the value of P, r and t

by Lorelyn
1

A bank offers 0.25% annual simple interest rate for a particular deposit. How much interest will be earned if 1 million pesos is deposited in this savings account for 2 years? Question: 1 million pesos is a ______.

2

How much interest is charged when P50,000 is borrowed for 9 months at an annual interest rate of 10%? Question: 10% is a ___________.

3

When invested at an annual interest rate of 7%, the amount earned P11,200 of simple interest in 2 years. How much money was originally invested? Question: P11,200 is __________.

4

Justin borrowed P15,000 at 5% annual simple interest rate. If he decided to pay in 3 years, how much should he pay by then? Question: 3 years in the problem is the _____.

5

The symbol P represents ______.

6

The formula used in finding the interest is _____.

7

Amparo invested a certain amount at 10% simple interest per year. After 2 years, the interest she received amounted to P3,000. How much did she invest? Question: P3,000 is the ______.

8

Find the simple interest on a loan of P65,000 if the loan is given at a rate of 20% and is due in 3 years. Question: 20% is the _____.

 
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