Find the amount invested at 10% ta for of interest if P 12o,000 00 was 160 days using Ex ack interest Amount of interesti.

Q: Melanie invests $13,000 at 13% simple interest for 1 year. How much is in the account at the end of…

A: Substitute 13000 for P, 13% for r and 1 year for t in the simple interest formula I=Prt and…

Q: Find the simple interest earned. Round percent's to the tenth or hundredth of a percent. Jean…

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Q: ind the time required for an investment of 5000 dollars to grow to 8400 dollars at an interest rate…

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Q: Helene invests Php 5,000 in an investment that earns 6% per annum. How many complete years doe it…

A: Topic = Algebra

Q: Aman earns N150,000 per annum. He is allowed a tax free pay ofN40,000. fhe pays 25 kobos in the…

A: Since Kobo is the monetary unit in Nigeria, equal to on hundredth of Naira.  So We have Total annual…

Q: ve. than invested his $2000 poker winnings in a 2 year Certificate of Deposi e formula I = Prt to…

A: In this question, the concept of Simple Interest is applied.

Q: You have $10,000 to deposit in a savings account that earns simple interest at a rate of 4.5% per…

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Q: If $6000 is borrowed at 7.5% simple interest for 2 yr, _____ then the amount of interest is

A: The value of principal is P=$6000. The rate of interest is R=7.5%. The time is given by T=2 years.…

Q: Logan has $80 in a savings account that earns 10% interest per year. The interest is not compounded.…

A: Formula for simple interest i=prt in given question :p=$80r=10%=0.1t=1 year

Q: Bianca deposited $1500 into a savings account for which simple interest is calculated quarterly. If…

A: Let the yearly interest rate that Bianca get in her account be : R % Given:   Principal deposit: P =…

Q: At a 5 % annual interest rate, a principal of $2,000 earns $ 400. How long was the principal…

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Q: Hilda Heinz lends $1200 to her sister Olga at a rate of 9%. Find how long it will take for her…

A: The simple interest is calculated using the formula: Simple interest=P·R·T100, Where, P is the…

Q: How long will it take for P 46, 450.00 to earn an interest of P14, 000 invested at 13.5% simple…

A: To solve the given question we shall use the following formula…

Q: Mr. Nelson had to borrow $1500 to purchase a new water heater after the snowpacalypse. The loan had…

A: Question is related to interest.

Q: A Student borrwos 3,000 at 10% For q monthS to Pey +Uition. Find the total amoUnt interest. due…

A: simple interest is given by here we have  P=3000 t=9 months r=10%=0.1

Q: Nicole wants to save $4000 for a backpacking trip through Europe when she finishes college in 3…

A: Consider the given information.

Q: timothy puts in $300 in a bank that pays 7% in interest rate. If he leaves his intrest  from the…

A: Given that, The principle amount is p=$300 The rate of interest is R=7%  Since he leaves his…

Q: Not sure how to solve/which formula to use for this problem.

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Q: You have $2000 in a savings account that pays an annual interest rate of 3.25%. How long will it…

A: Given,  Principal = p = $ 2000 Interest rate = r = 3.25 %  annually Amount = A = 2×2000 = $ 4000 We…

Q: enry bought an antique watch for P15,000 and sold it 6 months later for P17,750. What mple Interest…

A: Note:- These are multiple questions and according to our company guideline we can do maximum one…

Q: a.) How long will it take for P800 to earn P240, if it is invested at 6.5% simple interest?

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Q: Margo borrows $500, agreeing to pay it back with 8% annual interest after 211 days. How much…

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Q: Alex borrowed $2,000 for 2 years at 5% compound interest rate. How much interest is that?

A: See attached file for a step by step explanation.

Q: Keisha borrowed $300 from a bank for 5 years and was charged simple interest.The total intrest that…

A: Given that Keisha borrowed $300 from a bank for 5 years  She paid total simple interest $120. To…

Q: if $1200 is invested at 6% simple interest for 5 years, find the amount of interest earned.

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Q: Find the rate of interest if N2,800 gains N600 in 5 years

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Q: $5000 was invest at 6% simple interest for 1 year. How much simple interest was earned?

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Q: drienne is going to deposit $8500.00 in an account that earns 2.5% inter or 360 months. How much…

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Q: Find the amount of simple interest earned for depositing the given principle in an account. P =…

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Q: Jenny borrows 3000 from her local bank at annual interest rate of 3.25% to be paid back in six…

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Q: What amount of money will accumulate to $83,000 in 1 year and 3 months at the interest rate of 2.12%…

A: Given Principal (P) =83000 Rate of interest (R) =2.12% Time (T) =1 year 3 months

Q: Sam invests $1000 into an account earning 5.25% interest compound quarterly. How long will it take…

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Q: Maria paid ₱9,300 on a loan made 6 months before at 14% simple interest. Find the interest…

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Q: To pay for his debt at 12% compounded semi-annually, Reyvan committed for 8 quarterly payments of…

A: Given compounding period = semi annual nominal interest rate = 12% payment period = quarterly total…

Q: Hayden Invested $750 for three years at an Interest rate of 0.035. How much Interest did he earn in…

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Q: Sehr put $1,000 into a savings account that earns 4%/a in interest, calculated simply. How much will…

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Q: I want to have $700,000 for retirement in 20 years. my account earns a 9% interest. How much do I…

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Q: rest rate of

A: Given, Ms. Drake invests $1000 at a simple interest rate of 8.5% for 2 years. The interest during…

Q: Lori buys a $411 certificate of deposit (CD) that earns 4.6% interest that compounds monthly.  How…

A: Monthly interest rate and future value will be calculated using the formula,

Q: Barbara wants to restore her '66 Mustang in 4 years. She puts $200 into an account every month that…

A: Initial amount deposited in the account P=$200 rate of interest r=1.05%=1.05100 Since the amount is…

Q: Nancy invested $6000 in a bond at a yearly rate of 3%. She earned $450 in interest. How many years…

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Q: Mr. X intends to earn P150,000 in interest each year. How much needs he invests for a year at an…

A: Since you have asked multiple questions in a single request, we would be answering only the first…

Q: How long will it take a P30, 000.00 debt to earn an interest of P4, 500.00 if tne simple interest…

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Q: Find the interest paid by veronica on P35,000 that she borrowed for 2 years at 15% simple interest.

A: Given: P=$15000t=2 yrsr=15%

Q: Today, Sarah bought a condofor $310,000 a) Assumingthat the condo increase years?

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Q: John opened a savings account with $900 and was payed simple intrest at an anual rate of 5%. When…

A: Given that the initial payment is =P= $900 Interest rate= r= 5%= 0.05  time=t= ? Interest = I= $135…

Q: Frank invests $ 4500 dollars into an account earning interest compounded quarterly. After 7 years…

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Q: A person lent P5000.00 to B for 2 years and P3000.00 to C for 4 years on simple interest at the same…

A: We will find out the required rate of interest.

Q: Sally took a loan of 18000 Rial from S.R Finance to purchase a TV set. If the company charges Simple…

A: Principal = 18000 Rial R= 0.08 p.a for first two years R= 0.1 p.a for next three years.