Class VIII You deposit $1000 into a bank account paying 7% simple interest per year. You left the money in for 3 years. Find the interest earned and the amount at the end of those 3 years? The interest is $210 and the amount is $1200. The interest is $200 and the amount is $1210. The interest is $210 and the amount is $1210. The interest is $222 and the amount is $1250. You deposit $350 into a bank account paying 1.2% simple interest per month. If you receiver $9 as interest, find the time for which the money stayed at the bank. Money stayed at the bank 5 months and 5 days. Money stayed at the bank 10 months and 5 days. Money stayed at the bank 2 months and 5 days. Money stayed at the bank 3 months and 5 days. In how much time will the simple interest on $3,500 at the rate of 9% p.a be the same as simple interest on $4,000 at 10.5% p.a for 4 years? Time = t = 3.33 years. Time = t = 4.33 years. Time = t = 5 years. Time = t = 5.33 years. 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. 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 Do you really want to submit this quiz? Cancel Submit Quiz