123 Answered Questions for the topic Simple Interest

Simple Interest

10/14/15

#### What is the simple interest 750 at 3% a year

What is the simple interest of 750 at 3% a year
Simple Interest

10/14/15

#### Jimmy Jim invests $116 in a bank account at 6%. How many months (round up) does he need to leave his money in to buy a$134 blackberry playbook?

Jimmy Jim invests $116 in a bank account at 6%. How many months (round up) does he need to leave his money in to buy a$134 blackberry playbook?
Simple Interest

10/14/15

#### If an investment of $14343 made on August 16th, 2007 had a maturity value of$15580 on November 22nd, 2008, what was the rate of simple interest? Enter your an

If an investment of $14343 made on August 16th, 2007 had a maturity value of$15580 on November 22nd, 2008, what was the rate of simple interest?Enter your answer as a percent, not as a decimal.... more

10/07/15

Mr. Jones borrowed $3,680 from Scotiabank for 6 months at 8.75% per annum. Find:(a) The sum of money Mr. Jones had to pay the bank as simple interest.(b) The total amount of money repaid to the... more Simple Interest 09/05/15 #### simple interest How can$56,000 be invested, part at 4% annual simple interest and the remainder at 10% annual simple interest, so that the interest earned by the two accounts is equal at the end of the year
Simple Interest Compound Interest

07/29/15

#### simple interest and compound interest

A has lent some money to B at 6% p.a and C at 9% p.a ; at the end of the year he gained overall 7.6% p.a. what is amount lent to B and C?
Simple Interest

07/05/15

Simple Interest

04/16/15

#### luck borrows $12,000 from the bank and pays$5,040 interrest in 7 years. What simple interest rate is luck paying on his loan?

What is going to be the simple interest rate of luck.
Simple Interest

04/05/15

#### 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?

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?

03/07/15

#### 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 int 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... more
Simple Interest Finance

10/09/14

#### invests some money at 6%, and $2100 less than that amount at 5%. The investments produced a total of$214 interest in 1 year.

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 ?
Simple Interest

09/30/14

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 ? Simple Interest 06/27/14 #### Annual simple interest 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? Simple Interest 03/22/14 ####$760 at 5% for 4 years how do you solve this answer

I've tries multiplying then multipling the days time years but come up with wrong answer
Simple Interest

02/23/14

#### simple interest

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 of 144... more
Simple Interest

02/11/14

Simple Interest

04/02/13

#### You invest $5,000 in an account simple interest. The balance after 6 years is$6,200. What is the interest rate?

i understand how to do simple interest i just  don't understand this question. how are you soppused to find the interest rate?

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