Posted by **Lindsay** on Monday, November 12, 2012 at 9:02am.

1.John deposited $40,000.oo in the bank and earned simple interest of 7% per annum for 2 years. calculate the amount he will receive at the end of the 2 year period.

2. Find the simple interest on $15,000.00 invested for 4 years at 12% per annum.

## Answer This Question

## Related Questions

- math - Mr. Mitchell deposited $40,000 in a bank and earned simple interest at 7...
- math - 8.Mary invested RM3000 in two accounts, some at 12% per annum and the ...
- maths - If an amount of Rs 10,000/- is invested at a simple interest of 12% per ...
- Algebra - The Smiths invested $14,000, part at 3% simple interest and the rest ...
- Math - An investment adviser invested $14,000 in two accounts. One investment ...
- math (SIMPLE INTEREST) - 1.find a)simple interest earned b) simple amount for ...
- math (SIMPLE INTEREST) - 1.find a)simple interest earned b) simple amount for ...
- -Math-Desperate - An investment adviser invested $14,000 in two accounts. One ...
- simple interest - Jimmy invests 15,000 coins in a bank and earns simple interest...
- Math - Your Aunt will give your $1,ooo if you invest it for 10 years in an ...

More Related Questions