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Solve for the interest acured
Solve for the interest acured on a 520 investment after 4 years that has an interest rate of 4.9% per year, simple interest.
1 answer
asked by
Courtnie
434 views
The formula for simple interest is where I is the amount you will pay in interest, r is the rate at which interest will accrue,
2 answers
asked by
Dan
1,266 views
Ben is to invest $13 000 for 3 years at 8% p.a with interest paid annually. Find the amount of interest earned by calculating
1 answer
asked by
help
708 views
A person invests $7,500 part at 5% and the remainder at 4% simple interest. If the total interest at the end of the first year
0 answers
asked by
Dan
795 views
What type of interest is based on the principal amount and accumulated interest? (1 point) Responses
compound interest compound
1 answer
60 views
Solve the problem. Helen Weller invested $15,000 in an account that pays 12% simple interest. How much additional money must be
1 answer
asked by
mark
1,342 views
*solve execises by using compounded interest formula
Principal $ 700 Time period 8years nominal rate (%) 1.5 Interest compounded
3 answers
asked by
math HELP!! please
750 views
What type of interest is based on the original amount of money lent out, or the principal?
(1 point) Responses simple interest
1 answer
173 views
What type of interest is based on the original amount of money lent out, or the principal? (1 point) Responses
simple interest
1 answer
87 views
What type of interest is based on the principal amount and accumulated interest?
(1 point) Responses compound interest compound
1 answer
148 views