1. Debby has RM60 in a savings account that earns 5% interest per year.

The
interest is not compounded. How much will she have in 2 years?
2. Kelly deposits RM1000 into a bank account which pays a simple interest rate
of 7% p.a. for 3 years, how much will be in her account at the end of the
investment term?
3. Sarah borrows RM5000 from her neighbour at an agreed simple interest rate
of 12.5% p.a. She will pay back the loan in one lump sum at the end of 2
years. How much will she have to pay her neighbour?
4. Pim deposits RM30 000 into a bank account that pays a simple interest rate
of 7.5% p.a., for how many years must he invest to generate RM45 000?
5. At what simple interest rate should Kim invest if she wants to grow RM2500
to RM4000 in 5 years?
6. An amount of RM3500 is invested in a savings account which pays simple
interest at a rate of 7.5% per annum. Calculate the balance accumulated by
the end of 2 years.
7. A loan of RM300 at a rate of 8% for 1 year. What is the accumulated amount?
8. An investment of RM2250 at a rate of 12.5% p.a. for 6 years. What is the
accumulated amount?
9. Sally wanted to calculate the number of years she needed to invest RM1000
for in order to accumulate RM2500. She has been offered a simple interest
rate of 8.2% p.a. How many years will it take for the money to grow to
RM2500?
10.John made a deposit of RM5000 in the bank for his 5 year old
son's 21st birthday. He has given his son the amount of RM18 000 on his
birthday. At what rate was the money invested, if simple interest was
calculated?
11.Robin deposits $ 3000 in State Bank of India for 3 year which earn him an
interest of 8%.What is the amount he gets after 1 year, 2 years and 3 years?
12.Pan deposits $ 5400 and got back an amount of $ 6000 after a year. Find the
simple interest he got.
13.Sam invested a certain amount of money and got back an amount of $ 8400.
If the bank paid an interest of $ 700, find the amount Sam invested.
14.Tom deposited $ 10000 for 4 year at a rate of 6% p.a. Find the interest and
amount Tom got.