Amount of interest:

a. $1, 800 at 2% for 10 years .
b.$1000 at 6% for 4 years.
c. $2,500 at 3% for 5 years.
d. $900 at 10 % for 3 years.

Question

Amount of interest:

a. $1, 800 at 2%  for 10 years .
b.$1000 at 6% for 4 years.
c. $2,500 at 3% for 5 years.
d.  $900 at 10 % for 3 years.

anonymous · Answer

What grade is this for?

anonymous · Answer

a) $2,160
b) $1,240
c) $2,875
d) $1,170
hope this helped

anonymous · Answer

. . . 

Simple interest:    I = prt 
a.   $1, 800 at 2% for 10 years
= 18 * 2 * 10 =  $360
b.   $1000 at 6% for 4 years
= 10 * 6 * 4 = $240
c.  $2,500 at 3% for 5 years:
= 25 * 3 * 5 = $375
d.   $900 at 10 % for 3 years:
= 9 * 10 * 3 = $ 270