Solve for 'z' in the equation.
Solve for r in the equation I=prt
| Stavka koja se može prevući | arrow_right_alt | Odgovarajuća stavka |
|---|---|---|
Principal | arrow_right_alt | The amount earned or the amount charged |
Time | arrow_right_alt | The amount borrowed or deposited |
Rate | arrow_right_alt | In years (if months, need to figure out fractional part of a year) |
Interest | arrow_right_alt | Percent at which the interest is charged |
An investment earns 4.5% simple interest per year. If $2400 is invested, what is the total amount that can be withdrawn when the account is closed out after 2 years?
A savings account is set up so that the simple interest earned on the investment is moved into a separate account at the end of each year. If an investment of $2,000 accumulate $360 of interest in the account after 4 years, what was the annual simple interest rate on the savings account? ( Remember rate is a percentage)
Sylvia bought a 6-month $1900 certificate of deposit. At the end of half a year, she received a $209 simple interest. What rate of interest did the certificate pay? (Answer is in percentage)
Tia saved $9,000 for 2 years at 4% APR in a CD, to go on a month long vacation with her family. How much did she earn in interest?
How long would it take to earn $2064 of simple interest at a 6% rate if I started with $4300?
Find the principal of a simple interest loan if interest is $831.25, the rate is 5%, and time is 9