122 Answered Questions for the topic Simple Interest

Simple Interest

07/24/17

Suppose you purchased $5,000 worth of furniture and paid back only $3500 before the 90-day deadline. If you are charged 18% simple interest, how much will you s

I have tried to solve using simple interest and partial payments but I am confused. Please help and explain 
Simple Interest

07/06/17

Find the simple interest owed if $430 is borrowed at 5.9% for 9 years.

Find the simple interest owed if $430 is borrowed at 5.9% for 9 years.  
Simple Interest

05/03/17

Ken borrowed $6,000 for 4 years at a rate of 7% simple interest per year. How much interest will Ken have to pay after paying back the borrowed amount?

I'm confused on how simple interest works and I need some explanation on how to solve this problem. 
Simple Interest

04/28/17

How do I work this out ?

Please explain how I work out this problem and what is the formula?:Merchant banks offer simple interest on all investments. Merchant bank A had an investor invest $10000 for 5 years. Merchant bank... more
Simple Interest

04/25/17

simple interest

Luis loaned $3,000 to Jasmine at a simple interest rate of 4.91% p.a for 2 years and 7 months. Calculate the amount of interest charged at the end of the term
Simple Interest

04/24/17

word problem help

Karl invested his savings in a short-term fund that was offering a simple interest rate of 4% p.a. The maturity value of the investment at the end of 290 days was $32,160.67   A). Calculate the... more
Simple Interest

04/24/17

simple interest

Joshua received a loan at 5% p.a. simple interest for 10 months. If he was charged an interest of $254.17 at the end of the period, what was the principal amount of the loan?
Simple Interest

04/23/17

michelle borrows $6000 in loans from two lenders. one charges 3.2% simple interest and the other charges 6.2% simple interest. at the end of 4yr, she will owe $

michelle borrows $6000 in loans from two lenders. one charges 3.2% simple interest and the other charges 6.2% simple interest. at the end of 4yr, she will owe $888. how much did she borrow from... more
Simple Interest Math Math Help

04/08/17

Find the annual simple interest rate earned on the investment?(need answers today please)

An investor earned $1,687.50 on an investment of $90,000 in 75 days. Find the annual simple interest rate earned on the investment.
Simple Interest

03/16/17

$405 at 15% for 3 years

Answer my question plz explain steps 
Simple Interest

03/15/17

Elaine loans her brother $150 and he pays her back $160 thirty days later. Find the simple interest rate.

 Elaine loans her brother $150 and he pays her back $160 thirty days later. Find the simple interest rate. 
Simple Interest

03/11/17

Find the compound interest on a sum of money of RS 1324 for 3years 10percent per annum also find the simple interest

I need it with answer and steps withe formulla  
Simple Interest Business Math

02/27/17

you deposit $300 in your savings account. the account pays an annual interest rate of 5 percent. you make no other deposits/withdrawls

after three months the interest is calculate, how much simple interest does your money earn

What annual simple interest rate corresponds to an investment of $100 at 8% p.a. compounded monthly for 3 years?

What annual simple interest rate corresponds to an investment of $100 at 8% p.a. compounded monthly for 3 years? The answer according to the textbook is 9.01% p.a. and i don't understand how you... more
Simple Interest

02/23/17

$2000 at 9% for 6 months

find the balance of the account
Simple Interest

02/23/17

Can you solve 600,8%,1month

600 (.8)1
Simple Interest

01/24/17

Simple Interest

Katie invested a total of $5,000.00, part at 3% simple interest and part at 4% simple interest. At the end of 1 year, the investments had earned $171.00 interest. How much was invested at each... more
Simple Interest

12/27/16

A sum of money at a simple interest double itself in 8 years and 4 months . In how much time will it treble itself ?

can u answer this question for me please
Simple Interest

12/11/16

Yolanda received a $5, 400 lone with a 12.5% interest rate for 90 days on August 1.

Yolanda made a $3, 000 payment on September 15. How much does she owe the bank on the date of maturity?
Simple Interest

11/30/16

After 7 years, yoou have earned $528 on a 5% investment. What was your initial deposit?

Simple interest 
Simple Interest

11/30/16

At 9% interest you went from $250 to $375 dollars. How long has your money been in the bank?

Simple Interest 
Simple Interest

11/30/16

You want to earn $500 in interest from a $7,000 investment over 3 years. At what rate do you need from your investment?

Simple Interest word problems. 
Simple Interest

11/17/16

How much did she actually pay for the car after her last payment?

Mari made her last car payment. The life of the loan is 36 months. The bank financed $15,000 at 6.71%. How much did she actually pay for the car after her last payment?

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