ple interest word problems-1 mount of simple interest that is paid over a period of five cipal of $25,000 at a simple interest rate of 8%. 1. Find years o troao 2. Calculate the total worth of an investment after six months with a principal of $10,000 at a simple interest rate of 3.5%. 100000.06 $550 3. To buy a motorcycle, Juan borrowed $15,000 for 3 years at an annual simple interest rate of 9%. How much interest will she pay if she pays the eñtire loan off at the end of the third year? What is the total amount that she will repay? 1S000 7. x5 54050 615000 A a0 5019050 4. Lillian invested $6000 in a bank at a simple interest of 3%. She earned $450 in interest. How long was the money invested? 5. Tony borrowed $12000 for 4 years to make home improvements. If he repaid a total of $20640, at what interest rate did he borrow the money? 6. Jacky deposited $1000 into a savings account. How much will Jacky have in this account after 8 years at a yearly simple interest rate of 3.5%? 7. Edward borrowed $6500 for 8 years to make home improvements. If he repaid a total of $11,700 at what interest rate did he borrow the money? 8. Tom deposited $2000 into a retirement account when he was 35. How much will Tom have in this account after 30 years at a yearly simple interest rate of 6.5%?