Ask a New Question

At what rate of simple

THE PRINCIPAL IS BORROWED AT SIMPLE INTREST RATE OF R FOR A PERIOD OF TIME t. Find the simple interest rate owned for the time
1. 1 answer
2. asked by JOHN DUNN
3. 616 views
an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On
1. 3 answers
2. asked by Melissa Jefferson
3. 1,171 views
If Mark invests $8000 at 6% simple interest rate, how much money must he invest at an 8% simple interest rate in order for the
1. 2 answers
2. asked by devin
3. 777 views
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on
1. 3 answers
2. asked by Emmett
3. 1,944 views
I invest a sum of money at 10% annual simple rate and twice that amount at 12% annual simple interest.My total yearly in come
1. 0 answers
2. asked by john
3. 550 views
Margaret received $671.50 in cash as proceeds from a loan of $680.00 The discount rate was 10% simple interest. Find the
1. 0 answers
2. asked by Sabrina
3. 638 views
Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or
1. 5 answers
2. 193 views
Find the finance charge (interest) due on a 9-month loan of $2,400 at a simple interest rate of 10%.(Use the formula for simple
1. 4 answers
2. asked by Gregg
3. 815 views
Determine whether an 8.3% simple interest rate or a 7.2 compound interest rate with interest compounded monthly is better
1. 1 answer
2. 48 views
Deborah deposits $200 into an account that pays simple interest at the rate of 7%. How much will she have at the end of 4
1. 1 answer
2. asked by Chad
3. 1,372 views