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4. Complete the chart below. Use the formula i p r t.
Principal Annual Rate Time Interest Principal and Interest
$240 6% 2 $28.80
$450 10 $135
$1,200 8% 4
$544 5% $136
5. Ann’s mother deposited $5,000 in the bank and received $450 from interest in 3
years. Find the interest rate.
6. Kate put some money in the bank at 8% annual rate, and she received $240 as
from interest in 4 years. Find the amount of money Kate deposited.
4. Complete the chart below. Use the formula i p r t.
Principal Annual Rate Time Interest Principal and Interest
$240 6% 2 $28.80
$450 10 $135
$1,200 8% 4
$544 5% $136
5. Ann’s mother deposited $5,000 in the bank and received $450 from interest in 3
years. Find the interest rate.
6. Kate put some money in the bank at 8% annual rate, and she received $240 as
from interest in 4 years. Find the amount of money Kate deposited.
