To solve for time, use the following formula. Interest Time = Principal x Rate True False

Q: Upgrading a Class B office space to a Class A space will cost $5,513. How much will the monthly rent…

A: we have to find increase in monthly rent.

Q: mat pays simple interest of 6% for mount of money you'll have at the end of 20 years is S

A:

Q: A department store charges 1.25% per month on the unpaid balance for customers with charge accounts…

A: Given Present valueP=$200 Rate of interest r per month=1.25%=0.0125 i.e. Annual interest rate…

Q: We borrowed $1000 at a 10% annual interest rate. If we did not make a payment for two years, and…

A: Given we borrowed $1000 at 10% annual interest rate. Please find the solution below. Thank you

Q: A principal earns interest of ₱ 196.00 in 3 years and 6 months at a simple interest rate of  6 1/2%.…

A: We have to find invested principal where interest is given $196.00 in 3 years and 6 months at a…

Q: suppose you pay back $455 on a $425 loan. You had the loan for 120 days. what is your simple annual…

A: Formula for simple interest:A=P1+rtwhere A= Total amount         P=initial amount         r=…

Q: Can I please have a better diagram thank you! Timothy invests $5,000 at 17% interest compounded…

A: Here we use formula of compound interest.

Q: A radio commercial for a loan company states: "You only pay 33¢ a day for each $500 borrowed." If…

A:

Q: Upgrading a Class B office space to a Class A space will cost $8,085. How much will the monthly rent…

A:

Q: Suppose you want to have $600,000 for retirement in 20 years. Your account earns 4% interest. a) How…

A: Given. we want to have 600,000 dollar in in my account at the time of retirement which is 20 years…

Q: A loan of $1500 is repaid with a check for $1575. If the annual simple interest rate was 6%, what…

A:

Q: The future dollars of an investment at the end of 8 years is $ 132,000. Its today’s dollars is $…

A: INTEREST PAID BY BANK AT THE END OF 8YEAR=$132000-$76825=$55175 REAL RSTE OF INTEREST OF…

Q: Complete the table for a savings account in which interest is compounded continuously. Initial…

A: Given: It is given that the interest is compounded. and therefore the formula should be used here is…

Q: c) How long will it take for a sum of money lent at 5.70% simple interest become double of itself?…

A:

Q: For a sum of $8000.00 to double itself in 12 years and 9 months, what must be the rate of interest…

A: Given Principal amount = P = P8000 Time = t = 12 years 9 months Final amount = A = P16000

Q: Suppose you want to have $500,000 for retirement in 30 years. Your account earns 6% interest. a) How…

A: Here, given that you want $500,000 for retirement in 30 years. Your account earns 6%  interest,

Q: Janna invested 15,000 and received35,000 after a certain period, findthe effective rate for (A) 10…

A: See the attachment

Q: If you paid $90 to a loan company for the use of $1,252 for 120 days, what annual rate of interest…

A:

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: Solve the following problems. At what simple interest rate per annum will ₱25,000 accumulate to…

A:

Q: Can you give me the formula 4 interest on an investment

A: To find a formula which gives relation between investment and interest.

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

A:

Q: Calculate the amount of money​ you'll have at the end of the indicated time​ period, assuming that…

A: We have to calculate the total amount .

Q: Suppose you want to have $400,000 for retirement in 35 years. Your account earns 5% interest. how…

A:

Q: Find time (years) if the interest is ₱2300, the principal is ₱9900 and the rate is 5%

A: Solution

Q: A new car is purchased for 1900o dollars. The value of the car depreciates at 11.25% per year. What…

A:

Q: To pay for the new machinery in 10 years, a company owner invests $15,000 at 7.5% compunded…

A: To find the money available

Q: Suppose you want to have $300,000 for retirement in 20 years. Your account earns 5% interest. a) How…

A:

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: If you would like to make 2363 in 6 years, how much would you have to deposit in an account that…

A: We have to find amount

Q: A loan is to be repaid quarterly for 11 years that will start at the end of 4 years. If the interest…

A:

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

A:

Q: A loan worth $4500 collects simple interest each year for 12 years. At the end of that time, a total…

A: The interest is the extra amount paid on the initial principal amount of the loan if no other…

Q: If an account earns an effective rate of 4%, what will the real rate of interest be if: a.…

A: Here, nominal rate is 4% or 0.04.

Q: How long will an amount of money double at a simple interest rate for 2% per annum? years

A:

Q: Run in the year sed at a rate of 1 50,000?

A:

Q: The population of the Norway doubled in the last 12 years from 1995 to 2007. Assuming the rate of…

A: According to question,Population of Norway doubled in 12 years from 1995 to 2007.

Q: You decide to invest $900 into an account where interest compounds annually. If the interest rate is…

A: At interest rate 5%, Money in the account after 2 years is $992.25.

Q: (d) Assuming that no payments are made, use your formula from part (b) to determine how long it…

A: In the question we have to find number of years it will take for the amount to double.

Q: You plan to save money for a down payment of $38,0 can only afford to save $6,000 at the end of…

A: Topic:- compund interest

Q: Using the formula: ,  determine how many years, to the nearest hundredth, it will take to double…

A: Formula: A=P1+rnnt where A=The final amount P=Initial principal balance r=interest rate n=number of…

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

A:

Q: Maria borrows $12 000 at 9%/a interest compounded monthly for 10 years. How much money will she owe…

A: Solution:

Q: You deposit $1000 in an account that pays 6% annual interest. Find how long it will take for the…

A:

Q: How long will an amount of money double at a simple interest rate for 10% per annum? years

A: How long will an amount of money double at a simple interest rate for 10% per annum?

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: Use a calculator to evaluate an ordinary annually formula for M equals and $90, R=7%, t=5 years.…

A: The formula to calculate ordinary annuity for a monthly payment of $P Rate of interest R % evaluated…

Q: Your friend deposits $100,000 into account paying 8% per year. He wants to know how long it will…

A: We are given that the deposited amount is $100000. Rate per year = 8%. Now, we need to find how long…

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: If you want to earn 15% annual simple interest on an investment, how much should you pay for a note…

A:

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.