How much should Jethro invest now to have $10 000 in 3 years time? The money will be invested at 5%/ a compounded monthly.
How much should Jethro invest now to have $10 000 in 3 years time? The money will be invested at 5%/ a compounded monthly.
If $350 grows to $500 in 3 years, what is the annual interest rate assuming that interest in compounded annually?
Mario neglected to pay a credit card bill of $1550 at 17%/a, compounded daily, for 2 weeks after it was due. What is the amount he must pay to settle the bill at the end of 2 weeks?
Gordon has a Canada Savings Bond that pays $150 in simple interest each year. The annual interest rate is 4.75%. What principal did Gordon invest in the bond?
an investment of $1500 earned $35.20 at a simple-interest rate of 5.5% per year. How long was the investment held?