answersLogoWhite

0

What else can I help you with?

Related Questions

Find the simple interest earned after 5 years on an investment of 2000 at 3.2 percent?

320


What is the simple interest earned on an investment of 350 at 2.5 percent for 5 years?

350*0.025*5 = 43.75


How much interest is earned on the account?

A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?


How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?

3000


How do you figure out this math problem?

What is the amout of interest that will be earned on an investment of $8000 at 10% simple interest for 3 years


If the principal is 350 and the interest rate is 3 percent what is the simple interest earned in one year simple interest P and times r and times t?

I


How many simple interest will be earned on 320 saved for four years at twelve percent and a half interest?

It will be 160.


Suppose that you plan on investing into an account paying simple interest The formula for simple interest is I equals Prt where I is the interest earned on a investment of P dollars at the given rate?

No. I is as described for the stated period.


What is the simple interest expressions?

The amount of interest earned on an investment of C, for y years at r per cent is C*y*r/100.


How much interest is earned in 2 years on an investment of $2000 The interest rate is 3.?

To calculate the interest earned on an investment of $2000 at an interest rate of 3% over 2 years, you can use the formula for simple interest: Interest = Principal x Rate x Time. In this case, it would be $2000 x 0.03 x 2 = $120. Therefore, the total interest earned in 2 years is $120.


If the principal is 200 and the interest rate is 4 percent what is the simple interest earned in one year?

To calculate simple interest, you use the formula: Interest = Principal × Rate × Time. For a principal of $200, an interest rate of 4% (or 0.04), and a time period of 1 year, the calculation would be: $200 × 0.04 × 1 = $8. Therefore, the simple interest earned in one year is $8.


After 2 years Deion earned 270 in simple interest from a CD into which he initially deposited 6000. What is the annual interest rate of the CD?

2.25 percent apex