Larry invests in a $100 savings plan.The plan pays 41/2% interest each year on his account balance. How much money will Larry earn in interest after 3 years? After 5 years?

Q: An amount of money was invested at simple interest amounts to ₱815 in 3 years and ₱854 in 4 years.…

A: here on using the formula Amount = principle + simple interest ,we will get the invested money

Q: Monthly, Juan's net earnings are 5000, and expenses are 4.500. If Juan saves the difference, how…

A:

Q: Kiro saved Php120 on the first month of the year. Suppose he saved thrice the amount he saved the…

A: Given: Kiro saved Php120 on the first month of the year. Suppose he saved thrice the amount he saved…

Q: Jill invests $3,000 into a savings account. In five years, she hopes to generate $500 interest.…

A:

Q: Paul puts $300 in a savings account that earns 3% interest annually. How much interest will he earn…

A: Given Paul puts $300 in a savings account that earns 3% interest annually. To find how much interest…

Q: Jamie wants a new smart TV/sound system that cost $1,250. He doesn't have that much in cash to…

A: We need to find payment in interest over 4 years.

Q: Ronnie deposited 80, 000n in a savings account that pays 4 1/2% simple interest and earned 10,800 in…

A:

Q: You have $10,000 to deposit in a savings account that earns simple interest at a rate of 4.5% per…

A:

Q: You decide to deposit $290 each month into the retirement fund, and retire when you can afford to…

A: Introduction: One of the fundamental mathematical operations is division, which involves breaking a…

Q: profit

A:

Q: Fred invested $25,000 at 4% simple interest. What will be the total value of the account after five…

A: In this question we have to find the Accumulated value after 5 years investmnet of 25000 now  .…

Q: Coralee invests $5,000 in an account that compounds interest monthly and earns 7%. How long will it…

A:

Q: Sherry has a goal of retiring with $434,598 by making weekly deposits into an investment account…

A: Given   Sherry has a goal of retiring with $434,598 by making weekly deposits into an investment…

Q: In five years Gloria's bank account earned 2400 interest at 5% simple interest . How much had she…

A: Given that In five years Gloria's bank account earned 2400 interest at 5% simple interest To find…

Q: Darren invests $750 in an account that pays 2.5% simple interest for 40 weeks. How much will his…

A: We can make it easier for you

Q: In 25 years, a bond with a 4.75% annual interest rate earned $2,375 as interest. What was the…

A: Given Annual Rate R=4.75%Time T=25 yearSimple interest SI=$ 2375find principal amount p=?simple…

Q: How much should you invest at 3.2% simple interest in order to earn $90 interest in 4 months?

A: The formula is I=Prt , Where I=interest earned, P=principal, r=rate of interest, t=time. Here, I=$90…

Q: Ken wants a $1000 TV/sound system. He can't afford that amount so he uses his credit card with 20%…

A: First of all, consider the SI formula for the calculation of the interest monthly. Principal amount…

Q: Mathalino deposits 18,000 pesos into an account earning 3% interest per annually. How much money…

A: Given:  Mathalino deposits 18000 pesos into an account earning 3% interest per annually. To Find:…

Q: Carlos deposits $600 into an account that pays simple interest at a rate of 2% per year. How much…

A:

Q: If Damon invests $1600 for 1 year in a savings account that pays a simple interest rate of 1.09%…

A: Definition used -            Simple interest -                            SI=Prt100…

Q: Fred invested $25,000 at 4% simple interest. How much interest will he earn each year?

A: Simple interest:Simple interest is an easy method of calculating the interest charge on a loan.…

Q: Teresa received $80 for her birthday.  At what interest rate would she have to invest the money to…

A:

Q: Sam has $560 in his savings account. He earns 2.5% interest annually for 3 years. How much TOTAL…

A:

Q: How much should you invest at 4% simple interest in order to earn $65 interest in 19 months?

A: Given: r=4%=0.04 I=65 t=19 months=19/12=1.5833 years To find P=?

Q: Pablito has $1 and his grandma says she will give him 100% interest on that $1 every year if he…

A:

Q: Archie Buchanon has a $28,000 boat that loses 12.5% of its value yearly.  How much is his boat worth…

A:

Q: Robin invested $1000 in a 12% simple interest savings deposit for 3 years. He also invested an equal…

A: Robin invested $1000 in a 12% simple interest deposit for 3 years. he also invested an equal amount…

Q: A WSU student invests $13,000 for 4 years at an annual simple interest rate of 12%. How much will be…

A:

Q: Laura invests $2,000 in a bank account where she earns simple In total, how much interest will Laura…

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

Q: Gilly Bates invested $45000 in a 6% annual interest account.  How many years, to the nearest…

A: See the answer below

Q: Mon invested Php125, 000.00 in a savings account that pays 7% interest compunded quarterly. If he…

A:

Q: Jenny borrows 3000 from her local bank at annual interest rate of 3.25% to be paid back in six…

A:

Q: Eli opened a savings account with a one-time deposit of $400. The savings account pays a simple…

A:

Q: Matt paid $190.50 interest on a loan at 3% simple interest for 2.5 years. How much did he borrow? $

A: Let he borrowed $x. Initial amount = P=x Interest rate= r= 3%=0.03  Time=t= 2.5 years  Interest= I=…

Q: During a prolonged recession, property values on Long Island depreciated by 4% every 6 months. If my…

A: Given-House cost/present value(PV)=$200,000n=6 yearsdepreciated rate(r)=4%frequency(f)=6 monthin…

Q: Ken wants a $1000 TV/sound system. He can't afford that amount, so he uses a credit card with 20%…

A: Here, P = 1000, r = 0.20 and t = 4. The interest for each month can be calculated as That means, he…

Q: Sanjay borrowed $7000 at a simple interest rate of 3% per year. After a certain number of years he…

A:

Q: . How much money will the customer have in the account after 5 years?

A:

Q: Christopher opened a savings account with $1800 that pays no interest. He deposits an additional $90…

A:

Q: If $520 is invested for one year at 13% simple interest, how much interest is earned? The simple…

A: The objective of the question is determine the simple interest.

Q: Sarah opened a savings account with $800 and was paid simple interest at an annual rate of 7%. When…

A: solution :-

Q: Monthly Juans net earnings are 38 000 and expenses are $7,000. If Juan saves the ofference how much…

A: Monthly earnings = $8000 Monthly expenses = $7000 ∴ Monthly savings = $8000 - $7000 = $1000

Q: A man invested 50,000 in an investment entity that pays 5 3/8 % simple interest for 3 years and 7…

A:

Q: Darien borrows $6580 to help pay for university tuition at an annual interest rate of 7%. He plans…

A: Note: we know the simple interest formula is I = Prt  Here P is the principle amount or initial…

Q: Money is borrowed at 17% simple interest. After one year, $990.99 pays off the loan. How much was…

A: Given Money is borrowed at 17% simple interest. time = 1 year amount pay off after 1 year = $990.99…

Q: Dave won a photography contest and received a $1475 cash prize , will he earn more interest in 1…

A: Dave won a photography contest and received a $1475 cash prize To determine the how much more…

Q: Josh makes a $1500, 7% simple interest personal loan to his friend Sean for a period of 9 years.…

A: Consider the information given in the problem, Here the objective is to find the amount of money…