39 Answered Questions for the topic Interest Rate

Interest Rate Math Finance Loan

05/09/20

#### You want to buy a $202,000 home. You plan to pay 5% as a down payment, and take out a 30 year loan for the rest. a) How much is the loan amount going to be?b) What will your monthly payments be if the annual interest rate is 5%?c) What will your monthly payments be if the annual interest rate is 6%? Interest Rate Macroeconomics Investment Gdp 08/18/19 #### Negative interest rates in the US If the future the US interest rates are negative, what is going to happen Consumption Investment and Government expenses? Are those negative interest rates help the GDP growth or... more Interest Rate Algebra 2 College Algebra 06/05/19 #### Interest rate word question Laura borrowed a total of$23,000 from two different banks to start a business. One bank charged the equivalent of 4% simple interest, and the other charged 5.5% interest. If the total interest... more
Interest Rate Algebra 2

05/27/19

#### 2500 dollars grows to $3025 in two years. how can i find the interest rate using the formula a=p(1+r)^t Interest Rate Math Loan 05/27/19 #### How much interest is charged on a$10,000 loan at 10.3% interest if payments are $255.07 a month for 4 years Interest Rate College Algebra Rate Interest 04/04/19 #### Interest rate problem What interest rate compound monthly will yield an effective interest rate of 8%? Interest Rate 07/16/18 #### interest rate Mike earned$900 in interest after 8 years. If the amount invested was $1,000. What is the rate of interest Interest Rate 05/02/18 #### You put money in a bank for a period of time and your new balance was larger, what was the interest rate? My final balance after 2 years was$896.00. If I originally put $800.00 into the bank, what was the interest rate? Interest Rate 03/22/18 #### Assume an investment of$100 earns an APR of 7% compounded annually. Calculate the balance after 170 years. (Round your answer to the nearest cent.)

No other details just having trouble with figuring out how to solve.
Interest Rate Prealgebra Grade Seven

02/08/18

#### Lucas borrowed $10,500 to buy a boat. He will pay$275.50 each month for the next 48 months. Find the simple interest rate for his loan.

I didn’t get a lesson on this due to time constraints
Interest Rate Math Word Problem

01/20/18

#### interest rate

To get the necessary funds for a planned expansion, a small company took out three loans totaling $21,000. Company owners were able to get interest rates of 6%, 7%, and 8%. They borrowed$1000 more... more

10/10/17

#### If the account gives an annual simple interest of 2%, express as a function of time.

Johny opens a personal bank account to put into part of his monthly allowance. If the account gives an annual simple interest rate of 2%, express the amount in Johny's account as a function of time... more
Interest Rate

05/21/17

#### if you deposit $4500 in a savings account that pays interest at an annual rate of 3% without adding/withdrawing to it yourself, how much will you have in 8 yrs i wanna know the equation to solve. Interest Rate 03/14/17 #### A$600 bond earns 4.5% simple annual interest. Describe and correct the error finding the total interest earned after 18 months.

i=PRT =(600)(0.045)(18) =486
Interest Rate

03/03/17

Interest Rate

11/01/16

#### At what interest rate compounded continuously must money be invested to double in 10 years?

Need the work shown
Interest Rate

10/31/16

#### Finding the Interest Rate

Find the required annual interest rate to the nearest tenth of a percent for 65,000 to grow to 65,325 if interest is compounded monthly for 6 months.   This is what I think I know: A = 65,325 P... more

I know the answer (provided in my book) but I want to understand how to solve it. It is not provided.    "Ed opens an insured money market account with $500. How much money will he have after 6... more Interest Rate Algebra 04/28/16 #### Samantha needs to mix a 20% saline solution with a 40% saline solution to create 200 millileters of a 26% solution. How many millileters of each solution must S Samantha needs to mix a 20% saline solution with a 40% saline solution to create 200 millileters of a 26% solution. How many millileters of each solution must Samantha use? Interest Rate Algebra 04/28/16 #### A candy distributor needs to mix a 10% fat-content chocolate with a 50% fat-content chocolate to create 200 kilograms of a 10% fat-content chocolate A candy distributor needs to mix a 10% fat-content chocolate with a 50% fat-content chocolate to create 200 kilograms of a 10% fat-content chocolate. How many kilograms of each kind of chocolate... more Interest Rate Algebra 04/28/16 #### A bank loaned out$17,500, part of it at the rate of 4% annual interest, and the rest at 9% annual interest

A bank loaned out $17,500, part of it at the rate of 4% annual interest, and the rest at 9% annual interest. The total interest earned for both loans was$1,100.00. How much was loaned at each rate?

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