Class VIII Steve invested $ 10,000 in a savings bank account that earned 2% simple interest. Find the interest earned if the amount was kept in the bank for 4 years. $900 $100 $800 $620 You deposit $1000 into a bank account and received $50 simple interest after 3 months. What had been the interest rate? The interest rate was 20% per year. The interest rate was 25% per year. The interest rate was 50% per year. The interest rate was 10% per year. Find simple interest on Rs. 3000 at 7% rate of interest for one year. 200 210 230 195 Ryan bought $ 15,000 from a bank to buy a car at 10% simple Interest. If he paid $ 9,000 as interest while clearing the loan, find the time for which the loan was given. The loan was given for 6 years. The loan was given for 4 years. The loan was given for 8 years. The loan was given for 5 years. Dick takes a loan of $8,000 to buy a used truck at the rate of 9 % simple Interest.Calculate the annual interest to be paid for the loan amount. Annual Interest to be paid = $720 Annual Interest to be paid = $800 Annual Interest to be paid = $700 Annual Interest to be paid = $690 Do you really want to submit this quiz? Cancel Submit Quiz