Complete the first two sections of the warm up page.

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Complete the first two sections of the warm up page. September 8, 2015 Get your journal, a warm up sheet, and a glue stick. Glue the warm up sheet on the next page in your journal. Complete the first two sections of the warm up page. Voice Level 0

https://www.youtube.com/watch?v=0t74Kxc9OJk Video Watching Behavior: Nothing in hands Mouth closed Feet on floor in front of you Facing screen

Simple interest - interest paid only on the original amount of money and not on the interest it has already earned

Simple Interest Formula I=PRT I=interest-money that is earned from deposit or loan P=principal–money that is deposited or that is borrowed R= rate- the percent of interest T- time- in years

Rina has $20 in a savings account Rina has $20 in a savings account. The interest rate is 10% per year and is not compounded. How much will she have in one year?

Trisha has $80 in a savings account that earns 5% interest per year. The interest is not compounded. How much interest will she earn in 2 years?

With a partner. Jing has $70 in a savings account. The interest rate is 10 percent per year and is not compounded. How much interest will he earn in 3 years?

With a partner. Sarah borrowed $400 at a simple interest rate of 6% . How much will she have to pay back, including the loan and interest if she pays it back over 4 years?

1. If the balance at the end of eight years on an investment of $630 that has been invested at a rate of 9% is $1,083.60, how much was the interest? 2. If you borrow $675 for six years at an interest rate of 10%, how much interest will you pay? 3. How much interest is earned on $470 at 4% for seven years? 4. If you borrow $421 for nine years at an interest rate of 4%, how much 5. If you borrow $491 for one year at an interest rate of 3%, how much 6. How much interest does a $318 investment earn at 9% over one year? 7. If the balance at the end of eight years on an investment of $230 that has been invested at a rate of 3% is $285.20, how much was the 8. If you borrow $225 for eight years at an interest rate of 6%, how much 9. How much interest is earned on a principal of $646 invested at an interest rate of 5% for two years? 10. How much interest does a $407 investment earn at 6% over seven years?