Calculate how much Carol should invest in a savings account earning 5% simple interest in order to have 2500 in 2 years
Calculate how much Carol should invest in a savings account earning 5% simple interest in order to have 2500 in 2 years
A building society offers a rate of 11% per annum simple interest. Beth- Ann deposited $24,000 in the society for 15 months. (i) Calculate the amount of money due to her at the end of this...
What is going to be the simple interest rate of luck.
Rose Chavez loaned $1,000 to one of her employees for 90 days. If the employee's interest amount was $12.50, what was the ordinary simple interest rate?
Virpal is going shopping for some new makeup. If her makeup costs $50 plus 8.75% tax, how much will Virpal charge to her credit card? If the bank charges an interest rate of 12% per month for outstanding...
nico is saving money for college education. he invest some money at 6% and 2100$ less than that amount at 5% the invest of $214 interest in 1 year how much did he invest at each rate ?
On June 3rd 2014 Helen borrowed $1600 from a bank. The bank charged 14% simple interest, Helen paid her note off on sept 4th 2014, how much interest did she have to pay ?
If $2000 is invested at 10% simple natural interest, how much should be invested at 12% annual simple interest so that the total yearly income for both investments is $5000?
please help soon!
I've tries multiplying then multipling the days time years but come up with wrong answer
i need to make sure i set this up correct nico is saving money for his college education, he invest some money at 6% and 1300 less than that amount at 5% the investment produced a total...
How do I find the variable "P" if the interest rate is 6% the time is 3 years and the simple interest is $2952?
Micheal wants his $3,200 to grow to $4,500 in 3 years. He has a saving account paying simple interest on savings. What rate of interest would help him achieve his goal?I am confused as to what formula...
i understand how to do simple interest i just don't understand this question. how are you soppused to find the interest rate?
I dont get interrest questions