Ronnie deposited 80, 000n in a savings account that pays 4 1/2% simple interest and earned 10,800 in interest. How long in years did it take Ronnie to earn the interest?

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: Camilla has $18,220 in a savings account. The interest rate is 5% per year and is not compounded. To…

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Q: Amanda invests $5400 in a new savings account which earns 5.8 % annual interest, compounded monthly.…

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Q: A principal of P86, 000 will amount to how much when invested 2 years and 6 months at 11.25%…

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Q: Lucy deposits $3000 into an account that pays simple interest at a rate of 3% per year. How much…

A: Simple interest formula for an amount of P at an interest rate of r% for t years is given by;…

Q: Simone invests $4,000 in an account that compounds interest quarterly and earns 3%. How many years…

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Q: Tessa invests $5400 in a new savings account which earns 5.2% annual interest, compounded monthly.…

A: P=$5400,  r=5.2%=0.052,  t=8  &  n=12 compounded monthly.

Q: How long will 2 million pesos earn a simple interest of 200, 000 at 1% per annum

A: The formula for the simple interest is given by S.I= PRT  where S. I is the simple interest , P is…

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: Dolores invests $8100 in a new savings account which earns 3.2% annual interest, compounded daily.…

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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

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Q: A principal of $3700 is invested at 5% interest, compounded annually. How many years will it take to…

A: GIVEN: Principal amount = $3700 Interest rate = 5%

Q: A deposit of $659 earns $15.10 interest at a rate of 4.5%. For how many days was this money on…

A: Solution

Q: Reynaldo deposits 20,000 in a bank at an interesta rate of 6% If it’s compounded annually, how…

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Q: How long will it take money to triple if it invested at the following rates 5.2% compund weekly…

A: Q

Q: Curtis invested $4200 into an account that pays 1% interest compounded annually. How much money…

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Q: How many months will it take an amount of $6,000 to earn $120.00 simple interest at an annual rate…

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Q: Sanjay borrowed $7000 at a simple interest rate of 4% per year. After a certain number of years he…

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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: Warren has $40 in a savings account that earns 10% interest, compounded annually. To the nearest…

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Q: A principal of $2600 is invested at 4.25% interest, compounded annually. How many years will it take…

A: Given:- A principal of $2600 is invested at 4.25% interest, compounded annually. To find:- How many…

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: Fred invested $25,000 at 4% simple interest. How much interest will he earn each year?

A: Simple interest:Simple interest is an easy method of calculating the interest charge on a loan.…

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: 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: Pablito has $1 and his grandma says she will give him 100% interest on that $1 every year if he…

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Q: Archie Buchanon has a $28,000 boat that loses 12.5% of its value yearly.  How much is his boat worth…

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Q: Martina has $50 in a savings account that earns 5% interest per year. The interest is not…

A: According to question given that Martina savings (p)=$50Rate=5%First converting R percent to a r a…

Q: Robin invested $1000 in a 12% simple interest savings deposit for 3 years. He also invested an equal…

A: Robin invested $1000 in a 12% simple interest deposit for 3 years. he also invested an equal amount…

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

A: Compound interest

Q: Russell invested 50,000 pesos in a bank that pays 8% compounded quarterly for 5 years. How much is…

A: We used the formula A=P(1+r/n)^(nt)

Q: Chloe has $90,000 in a savings account that earns 9% annually. The interest is not compounded. How…

A: Given,         Chloe has $90000 in a savings account that earns 9% annually, 4 months.

Q: Stephen deposits $8600 in a bank account that pays simple interest at a rate of 6.5% per annum. Find…

A: Use simple interest formula: A = P(1+rt) A is final amount Pis principal amount r is interest ratet…

Q: Simone invests $4,000 in an account that compounds interest quarterly and earns 7%. How many years…

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

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Q: Riley invested $1,000 in savings bonds. If the bonds earn 6.75% interest compounded annually, how…

A: Compound interest

Q: A principal of $3200 is invested at 7.5% interest, compounded annually. How many years will it take…

A: Given: A principal of $3200 is invested at 7.5% interest, compounded annually. The formula used to…

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: Sanjay borrowed $7000 at a simple interest rate of 3% per year. After a certain number of years he…

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Q: Dolores invests $9800 in a new savings account which earns 4.5 % annual interest, compounded…

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Q: Harold invested a certain amount of money in an account earning 5.5% interest compounded TWICE a…

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Q: Tessa invests $5600 in a new savings account which earns 3.9 % annual interest, compounded monthly.…

A: Formula to find the value of final amount is A=P1+rnnt where A-Total amount at the end of the time…

Q: Sarah opened a savings account with $800 and was paid simple interest at an annual rate of 7%. When…

A: solution :-

Q: Sam invests $ 6500 into an account earning 6.75% interest compounded quarterly. How long will it…

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Q: A principal of $1500 is invested at 3.75% interest, compounded annually. How many years will it take…

A: Principal Amount = P = 1500 $Interest rate = r = 3.75 %Amount = A = 2000 $We have to calculate the…

Q: A principal of $3800 is invested at 8.5% interest, compounded annually. How many years will it take…

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