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Interest
Page 2
Questions (253)
If you deposit $5000 into an account for 4 years, How much MORE interest would you earn by compounding vs simple interest of
2 answers
asked by
jill
951 views
You buy furniture for $700. The retailer finances the entire amount for one year and says you will be charged 9% interest. The
3 answers
asked by
Heyhi
886 views
How much should you invest at 3.4% simple interest in order to earn $50 interest in 13 months?
4 answers
asked by
Bronte
1,394 views
Tony opened a hot dog stand last April. He borrowed $6800 to pay for the stand and startup inventory, and he agreed to pay
3 answers
asked by
Shelby
40 views
Alicia Martin's savings account has a principal of $1,200. It earns 6% interest compounded quarterly for two quarters
5 answers
asked by
john
2,067 views
A person borrowed Rs.500 @ 3% per annum S.I. and Rs.600 @ 4.5% per annum on the agreement that the whole sum will be returned
3 answers
asked by
Haroon Gondal
1,835 views
A total of Rs.14,000 is invested for a year, part at 5% and the rest at 6%. If Rs.740 is the total interest, amount invested at
3 answers
asked by
Haroon Gondal
541 views
How much total interest would Justin pay over the seven years, and what would be a justification for this added cost
2 answers
asked by
hakeem
496 views
Huan deposited $850 into a collegesavings account earning 4.8% interestcompounded annually. He also deposited$850 into a second
3 answers
asked by
mr.E
1,347 views
Chris Shopper received a $800 discount loan to purchase a washer and dryer. The loan was offered at 10% for 120 days. What are
3 answers
asked by
Anonymous
881 views
Home health signed a 90,000 note at 11 1/2% simple interest for 180 days for electronic equipment, on October 1. On February 18,
3 answers
asked by
Jan
587 views
Joan Roe Borrowed $85,000 at a rate of 113/4 percent. The date of the loan was July 8. Joan is to repay the loan on Sept 14.
3 answers
asked by
Susan
934 views
Calvin invested $7500 for one year, part 12% annual interest and the rest at 10% annual interest. His total interest for the
3 answers
asked by
Briana
711 views
Sheila Spinney borrowed $32,500 at 7.5% simple interest for 180 days on January 7. The bank later sold the note at an 8%
3 answers
asked by
Felicia
639 views
When $1000 is deposit at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% compound interest,
4 answers
asked by
James Starr
1,173 views
A college student invested part of a $25,000 inheritance at 7% interest and the rest at 6%. If his annual interest is $1,671 how
3 answers
asked by
Toni
1,215 views
Someone who has an interest in your business and your product or service can be defined as a:
(1 point) Responses rival. rival.
2 answers
asked anonymously
56 views
how much money would have to be invested in an account at 3.98% annual interset to achieve a balance of 25,000 in 17 years if
a.
3 answers
asked by
rick
693 views
If the account is interest bearing, how would you account for the interest when you reconcile your account?
Subtract the interest
2 answers
asked anonymously
54 views
Katie chalmers borrowed money from her credit union at 13.2% simple interest to buy furniture if the loan was repaid in 2
1 answer
asked by
Estefany Arjona
93 views
The city is issuing bonds to raise money for a building project. You obtain a $6900 bond that pays 8% simple interest annually
1 answer
asked by
Alexa
70 views
The Acme Pie Company received an initial advance of $9,900 on its operating line on June 3rd. The simple interest rate on the
1 answer
asked by
Anonymous
81 views
What is the simple interest of $600 at8% for 2 years
1 answer
asked by
Dally
51 views
Simple interest grew from the initial amount $1000 to $1075 in 9 months. Find the interest rate.
Like always, I will explain my
1 answer
asked by
lijm
650 views
A man borrowed $1,000 on May 1,1999 and agreed to repay the money plus 8% interest in six months. Two months after the money was
1 answer
asked by
melon
611 views
How long will it take for an investment of $5000 to double if it is invested at 5% p.a. simple interest?
Been stuck on this and
2 answers
asked by
Zayn
592 views
A person borrows two equal sums of money at the time at 5% and 3.75% simple interest respectively & finds that if he repays the
4 answers
asked by
Ann
2,154 views
In what time will ₹1200 amount to ₹1344 at 6% per annum?
2 answers
asked by
Karan
498 views
Why is there a difference between interest charged and interest earned?
A) Banks are non-profit institutions B) Banks are
10 answers
asked by
Sammy
4,526 views
A loan of 25,000 is made at 3.75% interest, compounded annually. After how many years will the amount due reach 42,000 or more?
2 answers
asked by
charlene
660 views
Bill Moore is buying a used Winnebago. His April monthly interest at 7.50% was $37.50. What was Bill’s principal balance at
2 answers
asked by
LaDonna
508 views
Joanne and Ed Greenwood built a new barn with an attached arena. To finance the loan, they paid $1,315 interest on $40,000 at
2 answers
asked by
Anonymous
505 views
Tim Newman took out a simple interest loan of $1500 at a 10 percent interest for 12 months. After 4 payments, the balance is
2 answers
asked by
Nadia
722 views
I can't figure this out, please help...
A company invests $15,000.00 in an account that compounds interest annually. After two
5 answers
asked by
Sandra
563 views
I already posted this question,and Henrey answered it. I just wanted to clarify a few things to make sure I am on the right
3 answers
asked by
Trish Goal
511 views
A partner withdrew Rs.2000 at the beginning of every month.the rate of interest on drawings is 10%per annum. What is the amt. of
1 answer
asked by
john
308 views
using continuous compound interest formula find the indicated value
A= 15625 P= 10900 T= 60months R= ?
2 answers
asked by
carol
657 views
You were offered the opportunity to purchase either a simple interest note or a simple discount note with the following terms:
4 answers
asked by
marie
2,271 views
How does compound interest differ from simple interest?
1. Compound interest occurs with periodic intervals of time, while simple
1 answer
asked by
Dauton Matie
1,012 views
What step in the process shown in the illustration must come before the bank pays interest
3 answers
asked by
Stacy
16 views
On a certain sum, Compound interest is Rs41 and Simple interest is Rs 40. for 2 years. What is the rate p.a.?
3 answers
asked by
sapna
514 views
You have a note in the amount of $10,000 at 9.5% interest running from january 5. to april 16
a. calculate the ordinary intrest.
1 answer
asked by
Renee
344 views
Find the amount of compound interest earned in an account that opens with $24,000, earns 7.8% interest compounded daily, and is
1 answer
asked by
Algebra
446 views
Donna deposits into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the
2 answers
asked by
dani
714 views
What would be the diffrence in earning between simple and compound interest if your initial balance was $1,000 rather than $100?
1 answer
asked by
Anonymous
487 views
what is the july interest ?total purchase is $15,632.16 with a %10 interest rate for 10 months
86.85 88.25 89.93 91.92 my answer
3 answers
asked by
susue
449 views
jennifer stemberg borrowed money to buy a car at 13.5% simple interest from her credit union. If the loan was repaid in 2 years
1 answer
asked by
Ari
491 views
Melissa Borrows $1000 on May 8 at 18.5% simple interest. She pays $500 on July 17 and $400 on September 29. What is her balance
2 answers
asked by
HELP >:(
521 views
A bank deposit of $987 paid $29.61 in interest. What was the percentage of interest paid?(1 point)
Responses 3% 3% 0.03% 0.03%
3 answers
asked by
Alex
49 views
.42% APY on for $10,000 is how much interest
3 answers
asked anonymously
15 views
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