Find the simple interest.
principal = $750; rate = 14%; time = 4.5 years
A.
$105
B.
$420
C.
$472.50
D.
$1222.50
Still Need Help?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (matthew120):
@ronlover101
OpenStudy (matthew120):
@HannahRocks4Eva
OpenStudy (ronlover101):
I'm sorry I don't know that one.
OpenStudy (matthew120):
its ok
OpenStudy (karolynxx):
i tagged you in another post that could help!
Still Need Help?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (matthew120):
a for effort ronlover
OpenStudy (matthew120):
Based on simple interest, find the total amount saved or owed.
principal = $1056; rate = 3.75%; time = 6 years
A.
$1293.60
B.
$1452.00
C.
$1689.00
D.
$3432.00
OpenStudy (matthew120):
its c
OpenStudy (matthew120):
The simple interest on an investment of $8000 for one year is $360.
What is the interest rate?
A.
0.045%
B.
0.45%
C.
4.5%
D.
45%
OpenStudy (karolynxx):
it was A
Still Need Help?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (matthew120):
ok thx
OpenStudy (matthew120):
How much simple interest will be due on a loan of $7000 at a 3.75% annual interest rate for one year?
A.
$7262.50
B.
$2625.00
C.
$262.50
D.
$37.50
OpenStudy (matthew120):
c
OpenStudy (matthew120):
Sarah paid $30 in interest to borrow $4800 for 3 months.
What annual interest rate did Sarah pay?
A.
0.625%
B.
1.875%
C.
2.5%
D.
7.5%