124 Answered Questions for the topic Simple Interest
11/25/21
FINDING THE MISSING VALUE OF SIMPLE INTEREST
1 . GIVEN:Principal = 25,000 dollarsRate = ?Time = 4 years and 5 monthsInterest = ?Maturity Value = 19,000 dollars2 . GIVENPrincipal = 50,000 dollarsRate = 0.005%Time = ?Interest = 2750Maturity...
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Simple Interest
06/22/20
calculate the simple interest earned round to nearest cent
p=$8200, r= 6%, t =year
Your electric bill is $136. You are charged 14% simple interest for late payments. How much do you owe if you pay the bill 1 month past the due date? (Round your answer to two decimal places.)
When I was given this problem, my answer was 155.04 but it told me the answer is wrong. . . how?
Use the formula A = P(1 + rt) to calculate the maturity value of the simple interest loan. (Round your answer to two decimal places.) P = $2400, r = 9.2%, t = 3 months
I got this answer wrong when I written the answer as 3,125.21. Did I do something wrong here?
Calculate the simple interest earned. Round to the nearest cent( P = $4000, r = 9.6%, t = 23 days)
Its telling me that the answer is wrong. The problem they give me is P = $4000, r = 9.6%, t = 23 days
Simple Interest
02/20/20
Please help this is due tomorrow
What simple interest rate would be required to grow an account to $6800 in 5 years, if the initial deposit was $6000
12/02/19
Need help with this problem
Samantha invests a total of $28,500 in two accounts. The first account earned a rate of return of 11% (after one year). However, the second account suffered a 10% LOSS in the same time period. At...
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Simple Interest Prealgebra
11/05/19
Nancy invested a sum of money at 6%. She invested a second sum, $500 more than the first, at 8%. The total simple interest earned for the year was $180. How much did Nancy invest at each rate?
10/17/19
simple interest
Suppose you bought a two-year CD for $30,000 from First Command Bank. Use the APY from the First Command Bank table to determine how much interest it earns for you at maturity.
Simple Interest Algebra 2
07/20/19
Erik Borrows a total of $6000 in two separate loans for one-year period. ..................
Erik Borrows a total of $6000 in two separate loans for one-year period. At the end of one year, he pays back the entire amount of each loan plus simple annual interest at the rate of 4 percent for...
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Simple Interest Algebra 1
06/13/19
How to find the simple interest?
Principal=640 , Rate=8% Time in years=5 one half
Simple Interest Algebra 1
05/04/19
sam places 3850 in a bank account that pays 1.3% simple interest per year and how much interest will she earn in 6 years
Miley borrowed a certain amount of money at an annual simple interest rate of 3.7%. If she returned $5013 after 238 weeks, how much interest did she pay?
Please include work if possible
Simple Interest Algebra 1
04/24/19
You put $1200 in an account that earns 3% simple interest. Find the total amount in the account after four years.
Last year, Juan had $30,000 to invest. He invested some of it in an account that paid 9% simple interest per year
Last year, Juan had $30,000 to invest. He invested some of it in an account that paid 9% simple interest per year, and he invested the rest in an account that paid 8% simple interest per year....
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Simple Interest
01/22/19
200=800(x)(24) calculated
an $800 deposit for 24 months earned a $200 interest. what is the simple interest rate?
Simple Interest Loan
12/07/18
Find the amount paid for the loan
Help! “$2000 at 12% for three years, find the amount paid for the loan” I don’t get it.
Simple Interest
10/29/18
What was the interest-rate if your balance on an investment of $157 at the end of six years is $1268.36
Simple Interest
10/29/18
How long must $542 be invested at a rate of 7% to earn $303.52 in interest
Simple Interest
10/07/18
what is the ordinary and exact interest on $ 10,800.00 for 5 days at 8% simple inerest?
what is the ordinary and exact interest on $ 10,800.00 for 5 days at 8% simple inerest?
Simple Interest
09/29/18
Last year, Taz invested a total of $7500 in two accounts earning simple interest. Some of it he invested at 9.5% and the rest he invested at 6.5%. How much did
Last year, Taz invested a total of $7500 in two accounts earning simple interest. Some of it he invested at 9.5% and the rest he invested at 6.5%. How much did he invest in each account if he...
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Simple Interest
09/28/18
Simple Interest ASAP PLEASE
A loan payment of $1000.00 was due 40 days ago and another payment of $800.00 is due 70 days from now. What single payment 100 days from now will pay off the two obligations if interest is to be 6%...
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Simple Interest
09/27/18
Will invest $4500 for 6 year insurance policy that pays simple interest at the end of 6 years hew balance was $5580 what was the annual interest rate?
This is a simple interest problem
09/27/18
Simple Interest
How much do you need to invest in order to earn $10000 if you have been offered 3% for 2 years?
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