What interest rate was applied for P16, 400 to earn interest of P3, 600 invested for 650 days using exact interest?

Q: Between 2005 and 2009, Russia's average rate of inflation has been 11.4% per year. If a cart of…

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Q: If Tina wants to earn 10% annual simple interest on an investment, how much should she invest to…

A: This question is based on simple interest formula.

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: A new car is purchased for 16500 dollars. The value of the car depreciates at 5.75% per year. What…

A: We have to calculate the value of car to the nearest cent after 5 years with depreciates at 5.75%

Q: Mr Asiedu earns an annual salary of GH¢6,000.00. His total allowances is GH¢2,000.00. How much tax…

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Q: Suppose you wish to borrow $⁢600 for five weeks and the amount of interest you must pay is $25 per…

A:

Q: A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 2 % per…

A:

Q: Engr. Odon is paying a loan five thousand pesos 2% monthly for 3 years. If the payment is to start…

A: According to the question, the given data is: Monthly payment of loan=5000 pesos Rate(R)=2% Time for…

Q: A bank deposit paying simple interest grew from an initial amount of $1200 to $1290 in 3 months.…

A: According to question given that initial amount grew $1200To  $1290 in 3 months.

Q: Pedro is retiring after working for 27 years at a major bank. The company offers him a flat monthly…

A: Number of years Peredo worked, n=27 Monthly retirement benefits, b= $55

Q: A new car is purchased for 24500 dollars. The value of the car depreciates at 14.75% per year. What…

A: Answer is mentioned below

Q: How much should Winona deposit in his savings account so that he will be able to withdraw ₱580,450…

A: We will find out the required value.

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

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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: what lump sum do parents need to deposit in an account earning 7% compound monthly so that it will…

A: Here r=7%=0.07, n=12 ,A=$100000, t=15. Let parents need to deposit the lump sum $P We find P.…

Q: What is the simple interest rate on a $1950 investment paying $513.83 interest in 8.5 years

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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: If Php 25,000 is invested at an annual interest rate of 12% compound a. annually b. quarterly c.…

A: Given : Investment amount = Php 25000Rate = 12% and time = 2 years

Q: Bertha invests $10,000 for 8 years which results in an account balance of $24,759.63. What was her…

A: Given Bertha invested $10,000 for 8 years which resulted in an account balance of $24,759.63.

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: 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: Imagine you earn annual salary of 51149 biweekly and your workweek is 37. What is your hourly rate…

A: Annual salary 51149 The regular workweek is 37 hours. 37 hours in one week. Payment is every two…

Q: An employee receives $20 in commission on sales amounting to $500. What is the employee's commission…

A:

Q: What is the balance of Kristen’s $3000 after 8 years?

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Q: A S1,200 bond earns 3% simple interest per year on its purchase price. What is the amount of…

A: Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: A bank deposit paying simple interest grew from an initial amount of $1400 to $1505 in 3 months.…

A:

Q: years ago, Sallie invested $23,000.00 into a savings account. She now has $27,313.00. What simple…

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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: For a sum of money to double itself in 12.1 years, what must be the rate of interest converted…

A: To find- For a sum of money to double itself in 12.1 years, what must be the rate of interest…

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

A:

Q: A vendor borrows a certain amount of money at 8% simple interest for 3 months. Determine the…

A: We know that the simple interest formula is I = Prt  P is the principal amount. r is the interest…

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: Mr. Uy, an entrepreneur, invested ₱ 5, 000, 000.00 in a financial institution.How long will it take…

A: The principal amount invested is P= 5000000 The amount A= 10000000 Therefore the interest accrued is…

Q: A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 2 % per…

A:

Q: A loan of 50,000 Php is to be paid in 3 years at the amount of 65,000 Php. What is the simple…

A: 15000 Php

Q: Suppose you wish to borrow $300 for two weeks and the amount of interest you mustpay is $25 per $100…

A:

Q: Carlos takes out a loan for $10,300, at 8% ordinary interest. If the amount of interest is $329.60,…

A: Given, Principal  =$10,300 , Rate of interest =8%, Simple Interest = $329.60 To find the time period…

Q: Sophia invests $12,350 in an account that earns 4.5% annual simple interest. Assuming she makes no…

A:

Q: Sandra, who is paid time-and- a-half for hours worked in excess of 40 hours, had gross weekly wages…

A: To find: The regular hourly rate of person S. Given: The weekly wages for 48 hours of worked is $598…

Q: What would be the time period of Jasmin fashion Boutique's loan for P266,000 at 11% ordinary…

A: "Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: A bank lends $9000 at 7% simple interest. At the end of 1 year, how much interest is owed on the…

A: Given that, P = $9000 r = 7% n = 1 year By formula, Simple Interest = Pnr100

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

A:

Q: if $230 is invested for one year at 5% interest rate, how much interest is earned

A: Given:$230 is invested for one year at 5% interest rate.

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

A:

Q: Seven years after investing $10,000, it has tumed into $3,000. (You lost money.) Find the annual…

A:

Q: How much interest will Angel pay if she borrowed P120 000 payable in 8 months at 2.5%?

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Q: Suppose you invested $1100 in the stock market 2 years ago. During the first year, the value of the…

A:

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: 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