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Fill the gaps on simple interest

Exercise and reference answers

Missing parts
  1. Answer
    principal
    Choices
    1. principal
    2. premium
    3. provision
  2. Answer
    rate
    Choices
    1. rate
    2. ratio
    3. range
  3. Answer
    12
    Choices
    1. 12
    2. 24
    3. 52
  4. Answer
    365
    Choices
    1. 365
    2. 355
    3. 300
Complete the statement
The sum lent is the {0} and the yearly percent is the annual percentage {1}. Months become years over {2}; days become years over {3}.
Instructions
Tap a word to drop it into the empty slot.

Explanation

_Source: OpenStax, Contemporary Mathematics, Ch 6 'Money Management'_
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