0
How long will Lucy have to wait before her 2500 invested at 6 percent earns 600 in a simple interest?
Updated: 10/31/2022
Wiki User
∙ 9y agoBest Answer
She will have to wait 4 years.
Wiki User
∙ 9y agoThis answer is:
Add your answer:
Earn +20 ptsQ: How long will Lucy have to wait before her 2500 invested at 6 percent earns 600 in a simple interest?
Write your answer...
Submit
Still have questions?
Continue Learning about Math & Arithmetic
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
How do you write out a simple interest question?
Simple interest = money invested x rate/100 x number of years
Related questions
What is the simple interest if 300 dollars is invested at 8 percent for 3 years?
72
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?
1 year
How much simple interest would billy make if he invested 725 over 2 years at 8 percent?
116
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?
1282.5
If 3000 is invested at 7 percent for 6 months how much simple interest is earned?
7% of 3,000 for 6 month
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
A sum invested at 5 percent simple interest per annum in 2.5 years will grow to?
It will grow to nine eighths of the original sum.
How much did Kate invest if she earned 1800 in 8 years at a 5 percent annual simple interest rate?
Kate invested 4500.
If 7558.20 in interest was earned after 12350 was invested at a simple interest rate of 7.65. How long (in years) was the money invested?
It was eight years.
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.