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Earn +20 ptsQ: What is the simple interest for 4500 dollars for 2 years at 15 percent?
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What is the term of a loan with a principle of 15300 dollars a rate of 3.5 percent and a simple interest of 2142 dollars?
If the 3.5 percent is per year, with simple interest you have the equation: 2142 = 15300*0.035*t ; then solve for t = 4, so 4 years.
What is the future value of 100000 dollars with 20 percent interest in 10 years?
Simple interest compounded annually and reinvested will yield 619173.64 before taxes.
What is the interest on R528 at 7 percent simple interest over 2 years?
7% simple annual interest over 2 years = 14% total interest.14% of R528 = R73.92 .
What is the simple interest to repay a loan in 3 years at the rate of 9 percent?
You already gave the simple interest - 9 percent. Rethink and ask your question again.
What is the simple interest on a 2500.00 loan at 11 percent interest for 3 years?
Total simple interest = 2500*11/100*3 = 825
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