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What is the simple interest on a principal of 4200 invested at an interest rate of 8 percent for 3.5 years?
42 x 8 x 3.5 ie 1176
A principal of 950 is invested in an account at 7 percent per year simple interest What is the amount of the principal after 5 years?
1282.5
If 3000 is invested at 7 percent for 6 months how much simple interest is earned?
7% of 3,000 for 6 month
If 7558.20 in interest was earned after 12350 was invested at a simple interest rate of 7.65. How long (in years) was the money invested?
It was eight years.
Ryan was 8 when his parents invested 4000 in a certificate of deposit that pays 6 percent If Ryan leaves the account alone until the investment doubles how old will he be Assume that the interest?
20, assuming annual compound interest, 24 if simple interest.
Related Questions
What is the simple interest of 3000 dollars invested at 7 percent for six months?
3000*(7/100)*(6/12) = 105 dollars
What is the future value of 8400 dollars invested at 5 percent for 6 years using simple interest?
Future value = 8400*(1 + 0.05*6) = 8400*(1.3) = 10,920 dollars.
1000 is invested at 6 percent simple interest for 5 years how much is the earnings?
300 :D
James invested 4000 at 5 percent interest per year how long will it take to earn 200 in simple interest?
1 year
What is the simple interest for 4500 dollars for 2 years at 15 percent?
9999.00
How much simple interest would billy make if he invested 725 over 2 years at 8 percent?
116
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?
Let P be the amount of invested money. Then, .08P = 336 P = 336/.08 = 4,200
What is the simple interest on a principal of 4200 invested at an interest rate of 8 percent for 3.5 years?
42 x 8 x 3.5 ie 1176
A principal of 950 is invested in an account at 7 percent per year simple interest What is the amount of the principal after 5 years?
1282.5
How long will Lucy have to wait before her 2500 invested at 6 percent earns 600 in a simple interest?
She will have to wait 4 years.
If 3000 is invested at 7 percent for 6 months how much simple interest is earned?
7% of 3,000 for 6 month
What is the simple interest for a principal of 450 invested at a rate of 8 percent for 2 years?
450*8/100*2 = 72
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