Complete the idea of simple interest

Exercise and reference answers

Missing parts

1. Answer

   borrowed

   Choices

   1. borrowed
   2. spent
   3. earned

2. Answer

   principal

   Choices

   1. principal
   2. amount
   3. interest

Complete the statement

Interest is the extra money paid on a sum that is deposited or {0}. Simple interest is always worked out on the original {1}.

Explanation