Find the annual rate per cent that earns $234 simple interest when $900 is invested for 6, years.

Q: An amount of money was invested at simple interest amounts to ₱815 in 3 years and ₱854 in 4 years.…

A: here on using the formula Amount = principle + simple interest ,we will get the invested money

Q: how long does it take an account containing $8000 to be worth $15000 if the money is invested at 9%…

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Q: Stephan has $100, which he put in a savings account that pays4% interest, compounded annually. How…

A: Since solve the first question for you. If you want any specific question to be solved then please…

Q: National Bank advertises an interest rate (in decimal form) of 0.050.05. If your initial investment…

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Q: You invest $600 into an account that earns 4% interest compounded monthly. How long until the value…

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Q: Four: $600 deposited one time in a CD that compounds once yearly at 12%. How much will be the total…

A: for compound interest use the formula here we have P=600 r=12%=0.12 t=50 years n=1 for annual…

Q: The purchase price of an acre of land in the Louisiana purchase in 1803 was about 5 cents. Suppose…

A: Given Data: The purchase year of land is: y1=1803 The present year is: y2=2016 The buying price of…

Q: An oil company bores a hole 80m deep. Estimate the cost of boring if the cost is £30 for drilling…

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Q: What is the rate on an investment that doubles $9916 in 20 years? Interest is compounded quarterly.

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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: An antique vase was purchased in 2000 for $8000. If the vase appreciates in value by 5% per year,…

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Q: between 2007 and 2008, country B grew almost 2.5% to a populatiopn of 147,000 people. if this geowth…

A: between 2007 and 2008, country B grew almost 2.5% to a populatiopn of 147,000 people. if this geowth…

Q: You are paid time-and-a-half for each hour worked over 40 hours a week. Last week you worked 50…

A: Given You are paid time-and-a-half for each hour worked over 40 hours a week

Q: Tom earned $ 504 when he invested $16,820 for 8 months. His rate of simple interest was:

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

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Q: $3000 grows to $3606 in 5 years with annual compunding. Find the interest rate?

A: Recall the following fact.

Q: If $5000 is invested at 6% simple interest, how long does it take this investment to be worth $7700…

A: Given that $5000 is invested at 6% simple interest.

Q: Write an equation that models the amount of money in an account that pays 2.5% annual interest,…

A: Write an equation that models the amount of money inan account that pays 2.5% annual interest,…

Q: The amount of simple interest owed on a loan varies jointly as the amount of principal borrowed and…

A: To find: The interest will be owed on $6000 in 4 year. Given: The interest received for amount $4000…

Q: Zach invested $200 per month in a mutual fund that averaged 9% net growth per year with interest…

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Q: You inherited a house worth $650,000 today. If the value increases by 4% each year, what would the…

A: given: we inherited a house worth $650,000 today. If the value increases by 4% each year, we have to…

Q: A new car is purchased for 21100 dollars. The value of the car depreciates at 10.5% per year. What…

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Q: 5000

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Q: How much should you invest at 3.2% simple interest in order to earn $90 interest in 4 months?

A: The formula is I=Prt , Where I=interest earned, P=principal, r=rate of interest, t=time. Here, I=$90…

Q: Determine the amount of money, to the nearest dollar, you must invest at 6% per year, compounded…

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Q: The price of a new $20,000 car today is expected to increase at an average rate of $950 per year.…

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Q: Gordon Rosel went to his bank to find out how long it will take for $1,200 to amount to $1,650 at 8%…

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Q: Revenues of Saphire Inc. rose by 240% from last year. If their revenue last year was $890,000.00,…

A: Given: The revenue of Saphire Inc. rose by 240% from last year. The revenue last year was…

Q: Arianna invests $5500 in a new savings account which earns 5.6% annual interest, compounded daily.…

A: Given query is to find the value of investment after 7 years when compounded daily.

Q: A principal of $4300 is invested at 5% interest, compounded annually. How many years will it take to…

A: Use formula of compound interest

Q: How much should you invest at 4% simple interest in order to earn $65 interest in 19 months?

A: Given: r=4%=0.04 I=65 t=19 months=19/12=1.5833 years To find P=?

Q: A new car is purchased for 16200 dollars. The value of the car depreciates at 14.25% per year. What…

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Q: If P1000 accumulates to P1500 when invested at a simple interest for three years, what is the rate…

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Q: The cost of a car decreases by 10.2% every year. If the estimated resale value after 15 years is…

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Q: Josh has 1200 dollars which he invests at 4% interest compounded daily. Represent how much he has…

A: Compound interest

Q: alculate the approximate value of a $260 000 house after five years if it has an appreciation rate…

A: Given that initial value of the house is $260000  and appreciation percentage is 6% per year. Find…

Q: After receiving an inheritance, a newly married couple invested $15,250 for 10 years and received…

A: If P is principal , r is rate of interest and t is time , then simple interest is

Q: Mon invested Php125, 000.00 in a savings account that pays 7% interest compunded quarterly. If he…

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Q: How long will an amount of money triple at a simple interest rate of 1% per annum?

A: How long will an amount of money triple at a simple interest rate of 1% per annum?

Q: How long will it take to double the sum of money at 5% annual percentage rate?

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Q: Jacob invests $14,000 in an account that compounds interest quarterly and earns 4%. How long will it…

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Q: A printing press costing $250 000 was sold 4 years later for $80 000. At what yearly rate did it…

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Q: Shannon heard that she could triple her money in 11 years if she invested it in a large…

A: We will apply the formula for the compound interest to solve this problem. Here : - T = total money…

Q: At the end of 9 months, the balance of an account earning annual simple interest is $8180. If at the…

A: Given:Account balance after 9 months = $8180Account balance after 15 months = $8300Let A(t) be the…

Q: How long will it take to double the sum of money at 5% annual percentage rate? (whole number)

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Q: After 2 years, Lauren earned $170 in simple interest from a CD into which she initially deposited…

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Q: Joshua heard that he could triple his money in 27 years if he invested it in his friend's…

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Q: A house was valued at $125,000 in the year 1992. The value appreciated to $170,000 by the year 2000.

A: Consider the provided information, A house was valued at $125,000 in the year 1992. The value…

Q: Miguel deposits 5380 dollars in an account, and 5 years later the account balance is 11060 dollars.…

A: Note -  Acc. to Bartleby guidelines, we are supposed to do do only one question. If you want more to…

Q: A car depreciates at the rate of 5% every year. If a car costs 650, 000 now, what is its value on…

A: We will solve the problem