Posted by **Fishy** on Wednesday, June 26, 2013 at 12:31am.

Hamish borrowed $5000 for 3 years. He paid $1650 simple interest. What was the rate of interest per annum?

## Answer This Question

## Related Questions

- math - A person borrowed Rs.20,000 from a bank at a simple interest rate of 12% ...
- math - Steven borrowed $5000.00 from bank a for a 3% per annum for 3 years Fred ...
- Maths simple interest - Q1)The length of time for $5000 to earn $1000 if ...
- maths - The compound interest on a certain sum for 2 years is Rs 41 and simple ...
- math-finance - Colin borrowed some money at 7.16%?a compounded quarterly. three ...
- math - 8.Mary invested RM3000 in two accounts, some at 12% per annum and the ...
- Math - Asher cashed in a one-year term deposit after only five months had ...
- maths - The difference of compound interest and simple interest on an amount at ...
- algebra interest word problem - Steve Marino borrowed $500 from his credit union...
- maths - choco borrowed $10 000.00 from a bank for 4 years at 8 per cent per ...

More Related Questions