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Earn +20 ptsQ: If you save 3000 at an interest rate of 14 percent per year how much will you have at the end of six years?
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How much simple interest do you earn if 5000 is invested for 10 years at 6 percent?
5000 x 0.06 = 300 300 x 10 = 3000
If 3000 is invested at 7 percent for 6 months how much simple interest is earned?
7% of 3,000 for 6 month
How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?
"How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?"Incomplete question.... to do what?
How much interest will 2000 earn at 5 percent over four years compounded yearly?
It earns 431.0125 . After 4 years, it has grown to 2,431.01 .
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
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