Ask a New Question

Using a simple interest calculation,

A simple interest calculation provides a useful estimate of what compound interest will be if ____________
1. 3 answers
2. asked by Anonymous
3. 756 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. 230 views
Compounding interest means interest accrues _____.(1 point) Responses more quickly than simple interest more quickly than simple
1. 1 answer
2. asked by Katana Yama
3. 55 views
Compounding interest means interest accrues _____.(1 point) Responses more slowly than simple interest more slowly than simple
1. 1 answer
2. asked by Katana Yama
3. 50 views
Which of the following is a true statement regarding interest calculation methods?A. If a borrower receives a loan on a discount
1. 0 answers
2. asked by Anonymous
3. 858 views
If you invested R5000 for the period of 2 years on simple interest, at what interest rate was the money invested. For
1. 0 answers
2. asked by Aviwe
3. 213 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1. 1 answer
2. 82 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1. 1 answer
2. asked by Mark
3. 190 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1. 1 answer
2. asked by John
3. 208 views
The formula used to calculate simple interest is modeled by I=prt, where I=simple interest, p=principle, r=interest rate, and
1. 1 answer
2. asked by John
3. 181 views