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the amount of simple interest
The simple interest formula is I = Prt, where I represents simple interest on an amount, P, for t years at a rate of r, where r
1 answer
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What type of interest is based on the original amount of money lent out, or the principal? (1 point) Responses
simple interest
1 answer
110 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
214 views
What type of interest is based on the principal amount and accumulated interest? (1 point) Responses
compound interest compound
1 answer
87 views
17. Find the simple interest and the total amount including interest.
Simple Interest Total Amount P = $5,050 I = 7% t = 4
3 answers
asked by
mathz
102 views
What type of interest is based on the principal amount and accumulated interest?
(1 point) Responses compound interest compound
1 answer
178 views
$9,500 is invested at 9% annum simple interest for five years.
a)what is the amount of simple interest payable? b)calculate the
0 answers
asked by
Anna
260 views
Determine the accrued interest and the final amount of a $10,000 investment with a 4.75% simple interest rate over a period of
1 answer
asked by
quandale dingle
38 views
Simple interest
the simple interest received from investment is directly proportional to the amount of the investment. By
1 answer
asked by
Marybeth
702 views
Maybe that was to confusing...we have a data sheet to fill out - 2 questions with simple interest and 2 with compound interest.
I
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asked by
Cassie
634 views