Principal: $7,428 Interest rate: 1.85% Time: 1 year Simple Interest:_________________ Fill int he blank

73,116 results
  1. Algebra

    The formula I = PRT where I = Interest, P = principal, R = rate, and T = time is used to calculate the amount of simple interest earned. Solve this formula for T.

  2. Math.

    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 c. $40 d. $200 2) principal, $1,000 rate, 8.5% time, 3 years a. $255 b. $170 c. $22.5 d. $17 3) principal, $200 rate, 9% time,

  3. College alerbra

    Scott invested a total of $9500 at two separate banks. One bank pays simple interest of 11% per year while the other pays simple interest at a rate of 9% per year. If Scott earned $973.00 in interest during a single year, how much did he deposit in each

  4. Math

    For a given interest rate, simple interest varies jointly as the principal and time. If $3000 left in an account for 6 years earned interest of $1260, then how much interest would be earned in 7 years?

  5. math

    Given interest of $11,900 at 6 percent for 50 days (ordinary interest), one can calculate the principal as: (Points : 1) $1,428,005.70 $4,128,005.70 $1,428,05.70 $1,420.70 None of these

  6. math

    Suppose you borrow $1,000 of principal that must be repaid at the end of two years, along with interest of 5 percent a year. If the annual inflation rate turns out to be 10 percent, (a) What is the real rate of interest on the loan? For this I got -5%. (b)

  7. math

    Belle had the choice of taking out a four year car loan at 8.5% simple interest or a Five year loan at 7.75% simple interest. If she borrows $15,000, how much interest would she pay for each loan? Which option requires less interest?

  8. math

    a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is $2.25 and the interest rate is 3%, what is P?

  9. Math

    Asher cashed in a one-year term deposit after only five months had elapsed. In order to do so, he accepted an interest rate penalty—a reduction from the scheduled 5.5% rate of simple interest. If he was paid $145.83 interest on the $10,000 term deposit,

  10. Math

    Interest is a concept familiar to most people: every credit card in existence has a term called annual percentage rate (APR), which is an interest rate. Suppose you charged $1,000 to a credit card that has a minimum payment each month equal to the interest

  11. math

    The Sandersons are planning to refinance their home. The outstanding principal on their original loan is $100,000 and was to amortized in 240 equal monthly installments at an interest rate of 11%/year compounded monthly. The new loan they expect to secure

  12. algebra

    For a given interest​ rate, simple interest varies jointly as the principal and time. If ​$2000 left in an account for 6 years earned interest of ​$960, then how much interest would be earned in 7 ​years?

  13. algebra

    Andrew has a four-year college loan for $20,000. The lender charges a simple interest rate of 5 percent. How much interest will he have to pay? simple interest = P × r × t

  14. business Math

    You were offered the opportunity to purchase either a simple interest note or a simple discount note with the following terms: $33,353 at 7% for 18 months. a. Calculate the effective interest rate. (Do not round intermediate calculations. Round your final

  15. Math

    The difference between compound interest and simple interest on a certain principal for two years at 20% rate of interest is Rs. 25. What is the Principal amount ? (Answer with theory)

  16. Algebra

    The formula for simple interest is l=Prt, where p is the principal, r is the interest rate, and t is time. Solve for P

  17. Math

    Deborah deposits $200 into an account that pays simple interest at the rate of 7%. How much will she have at the end of 4 months? a) Present Value with simple interest b) Future Value with simple interest c) Future Value with compound interest d) Simple

  18. Math - Pre Algebra

    Simple and Compound Interest Find the simple interest. principal= $870 interest rate= 6% time= 9 months Please help me I need the answer for tommorow.

  19. math

    Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 3%. Find the interest earned in 6 years. Then find the total of principal plus interest.

  20. Math

    Interest is a concept familiar to most people: every credit card in existence has a term called annual percentage rate (APR), which is an interest rate. Suppose you charged $1,000 to a credit card that has a minimum payment each month equal to the interest

  21. math

    Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 4%. Find the interest earned in 8 years. Then find the total of principal plus interest.

  22. math 11

    An investment earning simple interest rate of 1.10% per annum for a term of 5 years earned 82.50 in interest. What was the principal?

  23. Marco Eco

    Suppose you borrow $100 of principal that must be repaid at the end of two years, along with interest of 4 percent per year. If the annual inflation rate turns out to be 8 percent, (a) What is the real rate of interest on the loan? (b) What is the real

  24. 7TH GRADE mATH

    SIMPLE INTEREST EARNED TO THE NEAREST CENT FOR EACH PRINCIPAL, INTEREST RATE, AND TIME. 1500,4.25%, 4 YEARS

  25. Simple interest

    Find the simple interest earned to the nearest cent for each principal interest rate, and time $500,4%, 2 years

  26. Math 11

    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 principal?

  27. Economics

    Suppose you borrow $100 of principal that must be repaid at the end of two years, along with interest of 4 percent per year. If the annual inflation rate turns out to be 8 percent, (a) What is the real rate of interest on the loan? (b) What is the real

  28. simple intrest

    My daughter brought home a work sheet and I have no clue where to begin to help her and she seems to have no clue either. the questions are 1. Find the final balance in each account. $800 at 4.25% simple intrest for 6 years 2. $2,000 at 6% compounded

  29. math !!!! :O

    Principal: $1,610 Interest rate: _______________ Time: 4 years Simple interest: $450.80 fill in the blank

  30. algebra

    Need mathamatical expression. The simple interest rate, given that the principal is 3x, the rate is 6%, and the time is 1 year. im so lost with this math question.

  31. social studies

    1)An interest rate is a special type of? a. loan b. price c. bank d. service 2) How does a compound interest rate differ from a simple interest rate? a. Compound interest rates pay more interest over time b. Compound interest rates are calculated only once

  32. Math

    A principal of $5000 was invested in a savings account for 4 years. If the interest earned for the period was $400, what was the interest rate? [Hint: The formula for simple interest is I=Prt.]

  33. algebra

    A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested

  34. algebra

    Compound interest word problem. Suppose JJ has $1000 that he invests in an account that pays 3.5% interest compounded quarterly. How much money does JJ have at the end of 5 years? Formula: A= The amount of money earned after a certain length of time. P=

  35. math

    The amount of money in an account with continuously compounded interest is given by the formula A = Pert, where P is the principal, r is the annual interest rate, and t is the time in years. Calculate to the hundredth of a year how long it takes for an

  36. Math

    Find the interest if $ 9,000 is invested at an annual simple interest rate of 8 % for 3 years. Use the formula I = P × R × T , where I is the interest earnings, P is the principal, R is the annual rate and T is the time, expressed in years. (a) $ 216,000

  37. math

    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 principal?

  38. Visual Basic 2008 Programming

    Help! I'm not sure how to start or how calculate. This is the project. Using For Next Loops. - When $1000 is deposited at 5 percent simple interest, the amount grows by $50 each year. When money is invented at 5 percent compound interest, then the amount

  39. math

    The Sandersons are planning to refinance their home. The outstanding principal on their original loan is $110,000 and was to amortized in 240 equal monthly installments at an interest rate of 11%/year compounded monthly. The new loan they expect to secure

  40. pre-algebra

    wyatt invests $6000 in two accounts, the first pays 10 percent simple interest, the second pays 11 percent simple interest. At the end of the year he has earned $640 in interest. How much is invested at each rate?

  41. math !!!! :O

    Principal: $7,428 Interest rate: 1.85% Time: 1 year Simple Interest:_________________ Fill int he blank

  42. math !!!! :O

    Principal: $46,299 Interest rate: _______________ Time: 1 year Simple interest: $462.99 Fill in the blank

  43. math

    the total amount of interest on this loan of $6000 for 150 days is $210.50. what is the rate of interest on this loan? If not compounded, or simple interest, then Interest=Principal(rateinterest)*time Here time is 5/12 of a year, you are given the interest

  44. Math

    Find the finance charge (interest) due on a 9-month loan of $2,400 at a simple interest rate of 10%.(Use the formula for simple interest: Interest Earned = Principal×Rate×Time) (a)$ 18.00 (b)$ 1,800 (c)$ 180 (d)$ 1.80 (e)$ 18 I put in 2400*9*.10 and it

  45. Algebra

    Maybe that was to confusing...we have a data sheet to fill out - 2 questions with simple interest and 2 with compound interest. I just need the simple interest help: Prob. #1 Find the total amount if you deposit $500. at a rate of 5% for two years using

  46. Business Math

    Compute the simple interest. Assume 1 month to be of a year. Round your answer to the nearest cent. Principal Rate Time Interest $1,025 4.5% 16 months

  47. math,algebra

    Is this correct Business and finance. The simples interest I on a principle of P dollars at interest rate r for time t, in years, is given by I= Prt. Find the simple interest on a principal of $6000 at 3% for 2 years. Simple Interest = Principle x Rate x

  48. drbob222

    Can you check this one for me i want to make sure. The simple interest I on a principal of P dollars at Interest rate r for time t, in years, is given by I=PrT.Find the simple interest on aprincipal of $6000 at 3% for 2years. I got the following: I= 6000 x

  49. math

    if a loan is given for 2,500 for 1 year and the interest charged is 275 dollars what is the interest rate on the loan? how do I go about solving this do I subtract the 275 from 2500. Interest=Principal*Rate*Time 275=2500(rate)(1) rate=275/2500 =.11 so the

  50. Social studies

    How die a compound interest rate differ from a simple interest rate? Compound interest rates pay more interest over time Compound interest rates are calculated only once a year Compound interest rates ideally lower than simple interest rates•• Compound

  51. ALGERBRA

    THE PRINCIPAL IS BORROWED AT SIMPLE INTREST RATE OF R FOR A PERIOD OF TIME t. Find the simple interest rate owned for the time use of the money. Assume 360 days in a year. P=$5000, R=8.5% t =9 months.

  52. math

    Guys please i need your help i am not getting the answer over the following questions. 1) Maria banked sh. 95,000 in her bank account. If the bank gives a simple interest of 17% per year, how much will she get after 3 years? 2) If Mollel got sh. 230,000

  53. Social Studies

    I was wondering if I could check my answers with someone. I'm a bit confused with interest. I put stars next to the answers I chose. Thank you. An interest rate is a special type of (1 point) loan. **price. bank. service. 2. How does a compound interest

  54. Math

    After 5 years, how much INTEREST will Kevin earn in interest from his savings account? Given the fact: Kevin deposits $175 each year on his birthday for 5 year into his savings account. His account earns simple interest at a rate of 3.5% interest. A.)

  55. Social Studies

    An interest rate is a special type of (1 point) loan. **price. bank. service. 2. How does a compound interest rate differ from a simple interest rate? (1 point) ***Compound interest rates pay more interest over time. Compound interest rates are calculated

  56. Math

    My question is about calculating simple interest. How do you find the principal, rate, time,or interest when solving such problems?

  57. Sardhanand barbigha mathematics

    Principal-Rs300. Time-3 years .simple interest-Rs 45 then find how much the yearly hundreds of interest rate

  58. Business Math icom 1

    Find the ordinary interest in a loan of Rs.2600 at 10 % simple interest from January 5 to February 10.? Find the present value of Rs.3600 due in 4 months at 6% interest p.a.? At what annual rate percent of interest would Rs.12500 amount Rs.14375 in 2 years

  59. math

    You deposit $500 in an account that earns 4% simple annual interest. The interest earned each year is added to the principal to create a new principal. Find the total amount in your account after each year for 3 years.

  60. Math-college

    Create a compound interest word problem. Be sure to include the following, leaving one of the variables unknown: The amount of money earned after a certain length of time, A. The amount of money you start with, the principal, P. The interest rate, r. The

  61. medu

    RM 2000 was invested on 15march 2012. If the simple interest rate offered was 10% per annum, find the interest received on 29 August 2012 using A. Exact time and exact simple interest B. Exact time and ordinary simple interest C. Approximate time and exact

  62. math

    If Mark invests $8000 at 6% simple interest rate, how much money must he invest at an 8% simple interest rate in order for the interest on each investment to be $500. Assume that the amount of time for both investments is the same.

  63. Math

    Someone loaned me $20.00 in 1962 without quoting an interest rate. Using whatever the market interest rate was at that time, how much money would I owe in 2013 including principal and interest, straight and compounded.

  64. business finance

    A man's bank has offered him a loan of $20000 payable within the year at an annual interest rate of 24%. Calculate the monthly equal payment to defray both the principal and interest payment. Prepare a loan repayment schedule segregating interest from the

  65. Math

    the principle B is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money,. Assume there are 360 days in a year and round to the nearest cent. P=$4000, r=6.0%and t=6 month

  66. math

    how long will it take to earn $787.50 on $5000 at 5 1/4%(percent) what is the rate it is compounded? annually, semi-annually, monthly, what? dat information is not given aren't you supposed to be using the interest rate formula? if so, then u have two

  67. Math!!

    Sally deposited $3600 and the annual rate of interest is 6.5%. What is the interest amount for a 30-month period? I = prt. I = amt of interest p = principal r = rate (0.065 per year) t = time in years = 2.5 years I = 3600*0.065*2.5 = ??

  68. math

    If the time in months and the rate of interest per month are in the ratio 4 : 1, and the interest 16% of the principal, then what is the rate of interest? show all steps

  69. Math

    Interest is a concept familiar to most people: every credit card in existence has a term called annual percentage rate (APR), which is an interest rate. Suppose you charged $1,000 to a credit card that has a minimum payment each month equal to the interest

  70. Algebra

    Abbi invested $1,500 in a certificate of deposit with a simple interest rate of 4%. Find the interest earned in 6 years. Then find the total of principal plus interest.

  71. algebra

    Abbi invested $1,200 in a certificate of deposit with a simple interest rate of 2%. Find the interest earned in 9 years. Then find the total of principal plus interest.

  72. Math

    The formula for simple interest is where I is the amount you will pay in interest, r is the rate at which interest will accrue, P is the principal (amount borrowed), and m is the number of times the interest is applied. To solve for the interest rate of

  73. math

    Does anyone know how to find the rate with ONLY principal and time? (no interest) Refer to this: Investment A: Rate as 'R,' principal as $8000, time as '4 years,' and interest as 'SI'

  74. math

    abbi invested 1,500 dollars in a certificate of deposit with a simple interest rate of 4 percent. find the interest earned in 6 years. then find the total of principal plus interest

  75. math

    Lisa deposits $3000 in an account that pays 2% simple interest, and $4000 in a second account which has a higher interest rate but is more risky. What minimum interest rate must she get on the second account in order to earn at least $700 in interest for

  76. Math

    What is the simple interest on a loan with a principal of $6,000, an interest rate of 7.39%, and a term of four years?

  77. math

    what amount of principal would yield an interest of $36 in 3 years at a 3% simple interest rate?

  78. Algebra

    The Smiths invested $14,000, part at 3% simple interest and the rest at 4% simple interest for a period of one year. if the total interest earned was $460, how much was invested at each rate?

  79. Math

    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 principal?

  80. Math

    Solve for the interest acured on a 520 investment after 4 years that has an interest rate of 4.9% per year, simple interest.

  81. Algebra 2

    What simple interest rate will Susan need to secure to make $2,500 in interest on a $10,000 principal over 5 years? how would i figure this out?

  82. mathematics

    Find the principal using Bankers Rule if interest of RM100 was received at 3.5% simple interest rate for 150 days.

  83. math

    jack invested $4000 in two accounts. one pays simple interest at the rate of 5% and the other pays simple interest at the rate of 6%. if jack earned a total of $224 in interest in the first year, how much did he invest in each account?

  84. Discrete Mathematics

    You borrow $100,000 for a conventional 30 year mortgage at a 4% interest rate. Which is the first year, where years are 1-30, where you will pay more principal than interest?

  85. algebra

    A principal of $5000 was invested in a savings account for 4 years. If the interest earned for the period was $400, what was the interest rate? i know this is 1.5 % or at least I think it is but how do i write it out? Use the equation I=Prt, where

  86. Math

    Find the number of years needed to realize a total interest of $5000 if the principal saved is 10000 at a simple interest rate of 10%

  87. pre algerbra

    susan bought a 6 month $1,700 certificate of deposit.At the end of six months she received $63 simple interest. what annual rate of interest did the certificate pay? In a year then it would be 2 times $63 So $1700 times the rate of interest (we will call

  88. Algebra

    Phyllis invested 67000 dollars, split between two different accounts. The money in the first account earns simple interest at the rate of 4 percent per year. The money in the second account earns simple interest at the rate of 6 percent per year. After one

  89. algebra

    don williams invested some money st 9% simple interest. At the end of the year, the total amount of his original principal and the interest was $6.540. How much did he originally invest

  90. algebra

    To buy both a new car and a new house, Tina sought two loans totalling $260,394. The simple interest rate on the first loan was 3.7%, while the simple interest rate on the second loan was 8.8%. At the end of the first year, Tina paid a combined interest

  91. Math

    To buy both a new car and a new house, Tina sought two loans totalling $319.531. The simple interest rate on the first loan was 2.7%, while the simple interest rate on the second loan was 2.6%. At the end of the first year, Tina paid a combined interest

  92. algebra

    To buy both a new car and a new house, Tina sought two loans totalling $319,531. The simple interest rate on the first loan was 2.7%, while the simple interest rate on the second loan was 2.6%. At the end of the first year, Tina paid a combined interest

  93. Intermediate Algebra

    To buy both a new car and a new house, Tina sought two loans totalling $78,825. The simple interest rate on the first loan was 0.2%, while the simple interest rate on the second loan was 5.0%. At the end of the first year, Tina paid a combined interest

  94. Finite Math

    The Sandersons are planning to refinance their home. The outstanding principal on their original loan is $110,000 and was to amortized in 240 equal monthly installments at an interest rate of 11%/year compounded monthly. The new loan they expect to secure

  95. ALGEBRA

    Fill in the blanks. (Round your answers to the nearest dollar.) Interest Principal Rate Time Future Value

  96. math

    how much interest is earned on a principal of 600 invested at an interest rate of 16% for 1/4 of a year?

  97. Math

    Principal is $1,800. Rate is 10%. Simple Interest is $360. What's the time? Please show how you go to this answer.

  98. Math

    Rate is 9%. Time is 4 years. Simple interest is $354.60. What's the principal? Please show me how you got to the answer as well.

  99. maths-urgently needed

    the simple interest of certain amount for a period of 2 years is 400 . the compound interest for the same amount for the same period is 410. find the principal and rate of interest?

  100. Math

    How do you solve the equation for finding the principal when the interest, rate, and time are given? I know the formula P=Interest over rate x time. how do you find the solution or amswer?

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