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use the formula I=PRT/100 b. Find the annual rate of

Suppose a deposit of $3,500 in a savings account that paid an annual interest rate r (compounded yearly) is worth $3,910 after 2
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2. asked by Keonn'a
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find the effectivee rate correspoding to 3% compounded quarterlyThe formula for effective rate I found is (1+ i/n)^n - 1 where i
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2. asked by john
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Find the interest if $ 9,000 is invested at an annual simple interest rate of 8 % for 3 years. Use the formula I = P × R × T ,
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2. asked by Adam
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Isabella invests 10,000 in an account that is compounded continuously at an annual interest rate of 3%. According to the formula
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Ok my math assignments look something ike this...The formula I=prt gives the amouunt of simple interest I earned by principal p
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2. asked by K8T
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If $20,000 is invested at an annual rate r (expressed as a decimal) compounded monthly, the total amount (principal P and
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2. asked by Lara
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How do I do this? -- can anyone give me a formula to find the answers?Example: Find the annual rate of simple interest~ P: 5000
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2. asked by Finding Interest Rate in Interest Problems
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To find the amount A in an account after t years with principal P and an annual interest rate r compounded continuously, you can
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2. asked by angie
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Using the formula, compute the true annual interest rate.Loan amount = $9,500 Monthly payments = $227.50 Time of loan contract =
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2. asked by angel
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Using the formula, compute the true annual interest rate.Loan amount = $9,500 Monthly payments = $227.50 Time of loan contract =
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2. asked by wilton
3. 1,072 views