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How much interest will Alfred receive if he invests 4000 at 6 simple interest rate for 5 years?
To calculate the simple interest earned on an investment, you can use the formula: Interest = Principal x Rate x Time. In this case, Alfred's principal amount is $4000, the interest rate is 6%, and the time period is 5 years. Plugging these values into the formula, we get: Interest = $4000 x 0.06 x 5 = $1200. Therefore, Alfred will receive $1200 in interest if he invests $4000 at a 6% simple interest rate for 5 years.
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 .
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.
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
Alfred wants to invest 4000 at 6 percent simple interst rate for 5years how much interst will he receive?
40 x 6 x 5 ie 1200
Did Alfred Deakin receive any Awards or honours?
Yes
What has the author Alfred Ernst Kaufmann written?
Alfred Ernst Kaufmann has written: 'Die Zinsempfindlichkeit der Investitionen' -- subject(s): Interest and usury, Capital investments
What awards did Alfred Wegener receive?
Alfred Wegener did not receive any awards during his lifetime for his theory of continental drift. However, his ideas laid the foundation for the development of the theory of plate tectonics, which has since revolutionized the field of Earth science.
What are the release dates for Alfred Hitchcock Presents - 1985 The Human Interest Story 1-7?
Alfred Hitchcock Presents - 1985 The Human Interest Story 1-7 was released on: USA: 17 November 1985 Denmark: 28 July 1987
Where did Alfred Nobel receive education?
Alfred nobel recived education at Jacob Paris Apologist school in finland>
Did Alfred Joseph Rizzo receive a Silver Star in World War 2?
Check the National Archive. A link can be found below.
