Questions LLC
Login
or
Sign Up
Ask a New Question
Questions
Math
If you have earned $60.00 interest on a $600.00 principle over $4$ years, what is the interest rate?
1 answer
well, if you earned it over 1 year, it would be 10%, right?
so ...
You can
ask a new question
or
answer this question
.
Related Questions
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original
Pat deposits $600.00 in a saving accounts at a simple interest rate of 6% per year for five years. How much money will pat have
$300 at 5% annual interest for 7 years
Find the simple interest earned in the account. A: $214.29 B: $11.67 C:$420.00 D: $105.00
Determine the amount of time it would take for an investment to double if interest is earned at a rate of 3.75% compounded
1.Find the interenst earned in an acount with $600.00 invested at 4.5% annual simple interest for 2 years.
A. $540.00 B.
Pat deposit $600 in his savings account at a simple interest rate of 6% per year for five years. How much money will Pat earn an
Kelsey deposited $3,600 in a bank account with an annual interest rate of 4.25%. How much interest was earned in 5 years?
abbi invested 1,500 dollars in a certificate of deposit with a simple interest rate of 4 percent. find the interest earned in 6
CALculate the Compound interest earned on R15000 deposit into a bank for 2 Years @12percent p.a.interest
An investment earning simple interest at a rate of 1.10% per annum for a term of 5 years earned $82.50 in interest. What was the
