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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?
Wiki User
∙ 14y ago
42 x 8 x 3.5 ie 1176
Wiki User
∙ 14y ago
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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
What is a fixed percent of the principal in math?
Simple Interest
What is the simple interest if 300 dollars is invested at 8 percent for 3 years?
72
What is the simple interest on 642 for 7 years at 11 percent per annum?
$494.34 Interest= principal amount * time* simple interest %
What is the simple interest per year on a principal of 500 at a rate of 7 percent?
35
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
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
What is a fixed percent of the principal in math?
Simple Interest
A principal of 835 is invested in an account at 3 percent per quarter simple interest Which of the following sequences describes the dollar amount of principal in the account at quarterly interval?
835.00, 860.05, 885.10, 910.15, 935.20,
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
What is the interest on 950 invested for 4 years in an account that earns simple interest at a rate of 3 percent per year?
3% for 4 years is equivalent to 12% of the principal, in this case 12 x 9.5 which is 114.
What is the simple interest if 300 dollars is invested at 8 percent for 3 years?
72
What is the simple interest on 642 for 7 years at 11 percent per annum?
$494.34 Interest= principal amount * time* simple interest %
How the simple interest found in investment?
Multiply the principal (P) by the annual* interest rate as a decimal (r) and the time in years* (t). *The time period may be expressed in months, etc. For example, $2000 invested at 7% simple interest for 5 years: I = Prt = 2000x0.07x5 = 140x5 = $700.
1000 is invested at 9 percent simple interest for 3 years This investment earns?
Interest = (Principal x Time X Rate)/100 so in this case interest = (1000 x 3 x 9)/100 = 2700/100 = 27
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
1000 is invested at 6 percent simple interest for 5 years how much is the earnings?
300 :D
