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The same time that it will take for any other amount to double. However, for the actual calculations you need to know the interest rate.

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Q: How many years will it take for 4000 to double at a simple interest?
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After 3 years, Remington earned $390 in simple interest from a CD into which he initially deposited $4000. What was the annual interest rate of the CD?

3.25%


How much interest Alfred will you receive if Alfred invests 4000 at 5 percent simple interest for 5 years?

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Solve simple investment problems using the simple interest rate method?

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What amount a man would have received on a principle of rs 4000 after two years at simple interest at the rate of 5 per cent annul?

4000 x 1.05 = 4200 4200 x 1.05 = 4410


Alfred wants to invest 4000 at 6 percent simple interest rate for 5 years How much interest will he receive?

he will receive $1,200ANSWER:Yes $1,200 is the correct answer but the logic behind it is that, it is using simple interest term means here 6 is representing interest for a year, Inorder to calculate the whole interest we will multiply 6 by 5 years we will get 30%.The total interest he will get $4,000 x 30% = $1,200.


Alfred wants to invest 4000 dollars at 6 percent simple interest rate for 5 years How much interest will he receive?

The answer choices for this question were not provided. You would first have to multiply the interest rate of 6 percent times 4000 which equals 240. Then you would multiply the 240 times 5 which equals 1200. An easier way is to multiply 4000 by 6 percent by 5.


What is the compound interest of 4000 at 4 percent over 30 years?

The interest will be 8973.59 approx.


Alfred wants to invest 4000 at 6 percent simple interest rate for 5 yrs how much interest will he received?

1200 rate*money invested*interest(divided by a 100) 5*4000*.06=1200


If the interest is 24000 if the principle is 4000 and the term is 2 years what is the rate?

The interest is 300% per year.


Alfred wants to invest 4000 at 6 percent simple interest for 5 years how much interest will he receive?

6% of $4,000 = $240 .If it's paid 5 times, he receives (240 x 5) = $1,200 .


James invested 4000 at 5 percent interest per year how long will it take to earn 200 in simple interest?

1 year


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