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Simple Interest Formula
Questions (6)
You borrow $2,000 for a period of 4 years. You are charged simple interest at a rate of 3%. How much will you repay at the end
5 answers
asked by
Mae
3,264 views
Kevin invested in a savings bond for two years and was paid simple interest at an annual rate of 2%. The total interest that he
1 answer
asked anonymously
34 views
How do I do this? -- can anyone give me a formula to find the answers?
Example: Find the annual rate of simple interest~ P: 5000
1 answer
asked by
Finding Interest Rate in Interest Problems
509 views
Myrahas$20inasavingsaccountthatearns5%annually.Theinterestisnotcompounded.Howmuchinterestwillsheearnin5years?
Use the formula i =
1 answer
asked by
b
12 views
Isabella has $100 in a savings account that earns 5% interest per year. The interest is not compounded. How much interest will
1 answer
asked by
b
23 views
Braden has $80 in a savings account that earns 5% annually.The interest is not compounded. How much will he have in total in 3
1 answer
asked by
b
19 views
Parent Categories (4)
Algebra
Finance
Financial Mathematics
Saving and Investment
