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How long will Lucy have to wait before for her 2500 invested at 6 percent earns 600 in simple interest?
Updated: 11/2/2022
Wiki User
∙ 14y agoBest Answer
p=2500
r=6%
SI=600
t=SI*100/pr
=60000/(2500*6)
=4 years
Wiki User
∙ 14y agoThis answer is:
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How long will Lucy have to wait before her 2500 invested at 6 percent earns 600 in a simple interest?
She will have to wait 4 years.
1000 is invested at 6 percent simple interest for 5 years how much is the earnings?
300 :D
When invested at an annual interest rate of 8 percent an account earned 336 of simple interest in one year How much money was originally invested in the account?
Let P be the amount of invested money. Then, .08P = 336 P = 336/.08 = 4,200
What is the simple interest for a principal of 450 invested at a rate of 8 percent for 2 years?
450*8/100*2 = 72
What is the simple interest of 3000 dollars invested at 7 percent for six months?
3000*(7/100)*(6/12) = 105 dollars
Related questions
How long will Lucy have to wait before her 2500 invested at 6 percent earns 600 in a simple interest?
She will have to wait 4 years.
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1000 is invested at 6 percent simple interest for 5 years how much is the earnings?
300 :D
James invested 4000 at 5 percent interest per year how long will it take to earn 200 in simple interest?
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How much simple interest would billy make if he invested 725 over 2 years at 8 percent?
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When invested at an annual interest rate of 8 percent an account earned 336 of simple interest in one year How much money was originally invested in the account?
Let P be the amount of invested money. Then, .08P = 336 P = 336/.08 = 4,200
What is the simple interest on a principal of 4200 invested at an interest rate of 8 percent for 3.5 years?
42 x 8 x 3.5 ie 1176
A principal of 950 is invested in an account at 7 percent per year simple interest What is the amount of the principal after 5 years?
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If 3000 is invested at 7 percent for 6 months how much simple interest is earned?
7% of 3,000 for 6 month
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450*8/100*2 = 72
A sum invested at 5 percent simple interest per annum in 2.5 years will grow to?
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How much did Kate invest if she earned 1800 in 8 years at a 5 percent annual simple interest rate?
Kate invested 4500.
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