Ask a New Question

how would i do this question?

Hal invested $2500 at 4 ¾% simple interest. Determine the accumulated amount when he withdrew the investment at the end of 5 years?

This site has a great explanation for figuring simple interest.

http://www.webmath.com/simpinterest.html

fgdgdgdg

Ask a New Question or answer this question.

Similar Questions

Compare simple interest at 3% and compound interest at 2% with interest being compounded monthly when $750 is invested for 1
1. 1 answer
Understanding Interest Quick Check4 of 54 of 5 Items Question Compare simple interest at 3% and compound interest at 2% with
1. 1 answer
last year, justin had 30,000 to invest. he invested some of it in an account that paid 5% simple interest per year, and he
1. 1 answer
Compare simple interest at 3% and compound interest at 2% with interest being compounded monthly when $750 is invested for 1
1. 1 answer

more similar questions