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Earn +20 ptsQ: When invested at an annual interest rate of 8 percent an account earned 336 of simple interest in one year How much money was originally invested in the account?
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What amount will an account have after 9 years if 125 DOLLARS is invested at 8 percent interest compunded continuously?
249.88 dollars
5000 is invested at 3 percent interest How much money must be invested at 5 percent interest so that the total interest from the two investments is 275 after one year?
$2,500 is your answer
Jonathan invested a total of 10000 in 2 certificates of deposit 1 pays 5 percent interest and the other pays 6 percent interest his total interest at the end of 1 year is 560 how much is invested in t?
4000
Harry has 4000 invested in two savings accounts One account earns 6 percent interest per year and the other pays 7 percent per year If his total interest for the year is 264 how muchs vested 7?
$2400
What is the interest on 950 invested for 4 years in a account that earns simple interest at a rate of 3 percent per year?
Interest = Principal*Time*Rate = 950*4*3% = 950*4*3/100 = 114
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