1. Questions

Math

How long will it take to earn $288 in interest if he invests $2400 at a rate of 4 %

  1. 👍
  2. 👎
  3. 👁
Anonymous

  1. simple or compound interest ?

    1. 👍
    2. 👎
    Reiny

Respond to this Question

First Name

Your Response

Similar Questions

  1. math ( grade 6 )

    review my answers and please tell me if i got them right or wrong and if I get any wrong please explain the answer to me Donna deposits $275 into her savings account. she leaves the money in her account, untouched, for 6 years. if

  2. Maths simple interest

    Q1)The length of time for $5000 to earn $1000 if invested at 10% per annum AND Q2)Khalid invests $6750 at 8.5% per annum.How much interest has he earned and what is the total amount in his account after 4 years? Umm thanks in

  3. Algebra

    A mother wants to invest 8,000 dollars into her child's college fund. She invests a portion of the money into a CD account which earns 4% interest, and the remainder into a savings bond which earns 7% interest. If the total

  4. Math Check My Work Please 2

    15. Lisa takes a loan of $10,500 at a 9% simple interest rate for 7 years. a. How much interest will she pay after 3 years? b. How much interest will she pay in total for the loan? $2,835.00; $6,615.00 $8,280.00; $9,720.00*

  1. Math

    Are these correct ?. My grade counts on this and I'm not the best at math. I. Interest is ____?. (1pt) a. The amount of money your bank pays you for the use of only your money. b. The amount you might pay for a loan. * c. A

  2. math algebra

    you deposit $800 in an account that earns simple interest at an annual rate of 5%. how long must you leave the money in the account to earn $100 in interest?

  3. math

    how long will it take to earn $525 in interest if $3500 is invested at 6% annual interest rate ?

  4. Math

    How long will it take to earn $252 in interest if $1200 is invested at a 7% annual interest rate??

  1. Business Math

    Marcus invests $8,000, at 8% interest, compounded annually for 15 years. Calculate the compound interest for his investment.

  2. math

    Jose invests money in two simple interest accounts. He invests twice as much in an account paying 10% as he does in an account paying 7%. If he earns $94.50 in interest in one year from both accounts combined, how much did he

  3. algebra

    Tasha invests $5,000 annually at 6% and $5,000 annually at 8%. Thomas invests $10,000 annually at 7%. Which statement accurately compares the two investments if interest is compounded annually?

  4. math

    how long will it take to earn 525$ in interest if $3500 is invested at a 6% annual interest rate?

You can view more similar questions or ask a new question.