Solve for simple interest or Total amount. I=Prt. T= P + I .Show work to get credit 1)Starting money = $350.
Interest rate = 2.5%
Time = 3 years.
How much interest do you pay?

2) Loan = 30,000$
r= 3%
Time= 10 years
Find Interest.

3) P= 5,000$
r= 6%
t = 24 months

4)P = 12,000 $
rate of interest = 8%
Time = 60 months
Find total money in bank.

5)Aden borrows $1200 from a bank with 8% simple interest per year. What TOTAL amount will he have to pay back in 2 years? (Hint: the principle + the interest)