125 Answered Questions for the topic Simple Interest

Simple Interest

08/16/18

Stefan wants to buy a stereo system that sells for $459.95 including taxes.
Which plan should he choose to pay the least amount of money if he makes a down payment of $100 today?   Plan A: financing the remaining amount at 8% per year, simple interest, for two... more
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Simple Interest

07/13/18

After how many years will a $2400 sapphire ring be worth at least $8000 if it increases in value by 10.5% p.a.
I don't know the formula for this question and need help working it out and need help understanding the question.
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Simple Interest Accounting Finance Equation

06/03/18

Simple Interest question! Need answer
Andrew owes Nicola $500 in 3 months and $200 in 6 months both due with interest at 6%. Nicola accepts $300 now, how much will Andrew be required to pay at the end of 1 year, provided they agree to... more
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Simple Interest

05/29/18

What is the amount of an investment when $1500 is invested at 9.3 % compounded annually for three years?
Please help me with this simple interest question.
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Simple Interest

04/27/18

Juanita has $1,200. If she invests her money at 4% interest, in how many years will she have $1,440? (Solving for Time).
the formula i am using is I=PRT
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Simple Interest

04/23/18

an investment of $1800 in the stock market earned $378 in 2 years. What is the simple intrest rate?
I need to know the answer to this because I don't know how to do this. here is my question... an investment of $1800 in the stock market earned $378 in two years. what is the simple intrest rate?
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Simple Interest

04/08/18

Jeremy deposited $6450 into an account that earns 5.5% interest. find the interest earned after five years
    Please help soon thanks
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Simple Interest

03/21/18

Find the length of the loan in months, if $400 is borrowed with an annual simple interest rate of 12% and with $420 repaid at the end of the loan.
I 've tried this like 12 times and I still can't figure out the answer.
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Simple Interest

03/16/18

​Rita has $70,000 in a savings account that earns 8% interest per year. The interest is not compounded. How much interest will she earn in 3 months?
Im doing and IXL lesson for seventh grade on simple interest that was assigned to me. I keep struggling with it and need help  thank you.
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Simple Interest

03/14/18

A savings account earns 6% simple interest per year. The principal is $800. What is the balance after 18 months?
A savings account earns 6% simple interest per year. The principal is $800. What is the balance after 18 months? I can't solve it
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Simple Interest

03/11/18

If $14,000.00 is invested at 12% annual simple interest, how long does it take to be worth $56,000.00.
Please show in detail how you got this answer. Thank you.
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Simple Interest

03/09/18

John bought a tv that had a list price if $800. he agreed to a payment plan of $80 per month. how much is the finance charge? what is the simple interest rate?
 John bought a tv that had a list price if $800. he agreed to a payment plan of 12 monthly payments at $80 per month
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Simple Interest Word Problem

03/08/18

Heather has $30,000 in a savings account that earns 15% interest per year. The interest is not compounded. How much interest will she earn in 9 months?
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Simple Interest

02/25/18

How to find the simple interest on 6840 for 1 and a half years at 1.25% per month
Math 
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Simple Interest

02/14/18

In how many years would the amount to be repaid on a loan at 12.5% simple interest be double the principal of the loan?
 data: principal=? rate=12.5% time=? interest=twice the principal
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Simple Interest Money And Rates

02/12/18

Tom deposits $1000 in a savings account that earns 5% simple interest. How long will it take for the total to reach $1350?
 This problem is a word problem about money and rates and simple interest.
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Simple Interest

02/12/18

jarod wonders if its worth putting 2000 in a 3.9 p.a. simple interest savings account . How long would it take for jarod to have 2800?
maths year 10
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Simple Interest

02/05/18

$600 at 5% for 2 years
What is the balance of the account
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Simple Interest Interest Rates Interest

01/15/18

You deposit $5000 in an account earning 7.5% simple interest. How long will it take for the balance of the account to be $6500?
 nothing
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Simple Interest

01/09/18

Simple Interest Rate
I know the formula and I understand how to do it but I just cant get this question right. The question "You have agreed to borrow $50 dollars and  after six months pay back $58. How much interest... more
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Simple Interest

10/30/17

Am account earns simple interest. Find the interest earned and find the balance of the account
$600 at 5% for 2 years
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Simple Interest

10/30/17

Mohan borrowed sum of money from Ravi at 12% for 2 yrs and lends it to Shagun at 18% for 1.5 yrs.how much did mohan earned in this?
This is question of simple interest. 
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Simple Interest

10/21/17

Simple Interest
If $9,000.00 is invested at 14% annual simple interest, how long does it take to be worth $29,160.00.It will take           years (round to the nearest whole).
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Simple Interest

10/21/17

SIMPLE INTEREST
If $9,000.00 is invested at 14% annual simple interest, how long does it take to be worth $29,160.00. It will take    years (round to the nearest whole).
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Simple Interest Business Algebra Interest Rates

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
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