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Jonathan invested a total of 10000 in two certificates of deposit One pays 5 percent interest and the other pays 6 percent interest His total interest at the end of one year is 560 How much is inves?
4000
Who first used algebra?
There were no Muslims around 4000 years ago when the Babylonians began using what we now call algebra.
What is 4000 x 600?
It is 2400000.
How would you round 3654 to the greatest place value?
4000
Round to the greatest place value 3654?
To the nearest thousand = 4000
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 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.
How much interest Alfred will you receive if Alfred invests 4000 at 5 percent simple interest for 5 years?
40 x 5 x 5 = 1000
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.
How many years were between 8000 bc and 4000 bc?
4000 years.4000 years.4000 years.4000 years.4000 years.4000 years.4000 years.4000 years.4000 years.4000 years.4000 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 .
James invested 4000 at 5 percent interest per year how long will it take to earn 200 in simple interest?
1 year
