Questions LLC
Login
or
Sign Up
Ask a New Question
Mathematics
Algebra
f the principal P = $500, the interest I = $250, and the rate r = 10%, find the following.
(a) What is the time?
1 answer
simple or compound interest?
You can
ask a new question
or
answer this question
.
Related Questions
A $4,000.00 principal earns 5% interest compounded annually. After 4 years, what is the balance in the account?
A. $500,000.00 B.
For question 1-4 for the interest. All rates are annual interest rates.
1) principal, $400 rate, 5% time, 1 year. a. $10 b. $20
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original
interest is a basic percentage charged on the principal or the initial amount of the loan.
interest is interest that is paid on
abbi invested 1,500 dollars in a certificate of deposit with a simple interest rate of 4 percent. find the interest earned in 6
A $4,000.00 principal earns 56% interest, compounded annually. After 4 years, what is the balance in the account?
A) 500,000.00
Which statement is true about an annual percentage rate (APR)?(1 point) Responses It is equal to the interest rate times the
Find the finance charge (interest) due on a 9-month loan of $2,400 at a simple interest rate of 10%.(Use the formula for simple
If the interest rate on a $250,500 loan is 6½ percent for a term of 30 years, what is the principal and interest (PI) payment
If the principal P = $500, the interest I = $250, and the rate r = 10%, find the following.
(a) What is the time? 1 years (b)