Login or Sign Up

Ask a New Question

Susan collected $1.20 interest after 6 months. What was the amount of her deposit if the bank pays 6% interest?

Solve this equation:

.06x = $2.40

the answer is 40

The annual salary for high school graduates is an increase of 35% of the annual salary for people without a high school diploma. What is the average annual salary without a high school diploma?

Similar Questions

Calculate the simple interest on each amount the total amount at the end.A deposit of $2550.00 that earns 3% interest over 30

Top answer: Is that annual interest? Or is that the total interest for 30 months? Read more.
susan bought a 6 month $1,700 certificate of deposit.At the end of six months she received $63 simple interest. what annual rate

Top answer: To find the annual rate of interest, we can use the formula: Simple Interest = Principal x Rate x Read more.
suppose you deposit $350 in a bank account that pays 6% annual simple interest. Find the interest earned in 4 months and in 1

Top answer: To find the interest earned in 1 year, you need to multiply the principal amount by the interest Read more.
Interest on fixed deposit was received for six months. The money on the fixed deposit was invested on 1 June 20.22 for a period

Top answer: Assuming that the interest on the fixed deposit is received semi-annually, the total interest earned Read more.
Peter buys AC at 900. He pays 20% deposit and the outstanding balance plus interest in 48 months. Interest on the balance is

Top answer: 100% - 20% = 80% = 0.80. Po = 0.80 * 900 = $720 = Amt. financed. P = Po + Po*r*t. P = 720 + Read more.
Asher cashed in a one-year term deposit after only five months had elapsed. In order to do so, he accepted an interest rate

Top answer: I = PRT 145.83 = 10,000 * R * 0.4167 148.83 = 4,166.67R 148.83/4,166.67 = R 0.0357 = R 3.57% = R Read more.
Gabe placed $2000 in a certificate of deposit. He earned $10 in interest each month for the next 36 months. Find the annual

Top answer: (10 * 12) / 2000 = 0.06 = 6% Read more.
A bank deposit paying simple interest grew from an initial amount of $1000 to $1075 in 9 months, Find the interest rate.I know

Top answer: Oops not I= Prt I meant A=P(1+rt) Read more.
Question says" Find the accumulated amount at the end of 9 months on an $800 deposit in a bank pating simple interest at a rate

Top answer: Do I divide 9 by 12 (12 months in a year) and use that as t? Read more.
A girl opens a saving account with $100 and the bank pays 1 % monthly interest rate, how much money she will have after 12

Top answer: To calculate the amount of money the girl will have in her savings account after 12 months, you can Read more.