Thursday

December 18, 2014

December 18, 2014

Posted by **apryl** on Tuesday, August 23, 2011 at 3:06pm.

(a) Calculate the future amount if the money were invested at simple interest

- math -
**Reiny**, Tuesday, August 23, 2011 at 4:27pmamount = 3000 + 3000(.08)(30) = 10200

(nobody invests money for 30 at simple interest)

**Answer this Question**

**Related Questions**

Algebra - Compare the future amounts (A) you would have if the money were ...

Algebra - Compare the future amounts (A) you would have if the money were ...

algebra with application - $4,000 at 10% for 20 years (a) Calculate the future ...

Finance - $2,000 at 12% for 20 years (a) Calculate the future amount if the ...

algebra with application - $4,000 at 10% for 20 years (a) Calculate the future ...

algebra - A total of $12,000 is invested in two funds paying 9% and 11% simple ...

Algebra - I invested $42,000 in three funds paying 5%, 7%, and 9% simple ...

math - 1.John deposited $40,000.oo in the bank and earned simple interest of 7% ...

algebra - Larry Mitchel invested part of his $32,000 advance at 7% annual simple...

maths - If an amount of Rs 10,000/- is invested at a simple interest of 12% per ...