Find the accumulated amount of an investment of $413.99 compounded at 4.25% for 8.5 years
Question 2
2.
Find the total amount of an investment of $150 at simple interest rate of 1.5% for 6 months
Question 3
3.
Question 4
4.
Question 5
5.
Question 6
6.
Question 7
7.
Robert places $500.00 in the bank for 5 years at a simple interest rate of 12%. How much interest will he earn at the end of the five years?
Question 8
8.
To buy a car, Jessica borrowed $15,000 for 3 years at an annual simple interest rate of 9%. How much interest will she pay after three years?
Question 9
9.
John’s parents deposited $1000 into a savings account as a college fund when he was born. How much will John have in this account after 18 years at a yearly simple interest rate of 3.25%?
Question 10
10.
Find the principal if the accumulated amount is $8495.20 after 3 years compounded at r = 2%
$16052.36
$8005.22
$8495.20
$801.89
Find the simple interest rate if $500 accumulated to $683.70 for an 11 year term
A 3.34%
B 1.97%
C 2.9%
D 2.77%
How long would it take $120 to double at a simple interest rate of 3%?
A About 40 years
B About 33 years
C About 5 years
D About 14 years
Find the principal of a simple interest loan if A = $831.44, r = 0.4%, and time is 9 1/2 years
A $602
B $863
C $801
D $828
Find time if A = $883.42, P = $750, compounded at 2.3%