Find the interest on P15, 000 at 6 ¼ % simple interest for 15 months.

Q: Lauren loaned $9,625 to Jacob at a simple interest rate of 4.47% p.a. for 3 years and 11 months.…

A: NOTE: Refresh your page if you can't see any equations. . here we have  P=9625 r=4.47%=0.0447 t=3…

Q: Melanie invests $13,000 at 13% simple interest for 1 year. How much is in the account at the end of…

A: Substitute 13000 for P, 13% for r and 1 year for t in the simple interest formula I=Prt and…

Q: Find the balance on an account if you invest $ 1,758 at 3.4% for 22 years using simple interest.

A: Given:P The amount invested is $1758 at interest rate 3.4% for 22 years. To find : The balance in…

Q: Calculate the simple interest earned. Round to the nearest cent. P = $5000, r = 3.3%, t = 22 days

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Q: Margo borrows $2000, agreeing to pay it back with 2% annual interest after 8 months. How much…

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Q: Andy deposits $5000 into an account where intrerest is compounded biweekly. After five years, andy…

A: Compound interest:In compound interest, interest is added back to the principal sum so that interest…

Q: Find the simple interest earned. Round percent's to the tenth or hundredth of a percent. Jean…

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Q: The ordinary simple interest charged after 130 days on a loan of P 10,200 is P575. Find the interest…

A: Given: P=10,200I=575R=?T=130  days

Q: Peter has P560,000 in his bank account in which he opened exactly 3 years ago. If he did not make…

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Q: Find the interest earned: $9,900 for 24 months at 7.8% annual simple interest

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Q: Calculate the simple interest earned. Round to the nearest cent. P = $4000, r = 2.6%, t = 22 days

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Q: Kunio puts $3,300.00 into savings bonds that pay a simple interest rate of 2.5%. How much money will…

A: Simple interest algebra

Q: If $6000 is borrowed at 7.5% simple interest for 2 yr, _____ then the amount of interest is

A: The value of principal is P=$6000. The rate of interest is R=7.5%. The time is given by T=2 years.…

Q: Find the total interest paid of the loan if the amount borrowed is OMR 25,000 at 5% interest for 8…

A: I am using Simple Interest formula for this. S.I.=(25,000*5*8)/100 S.I.=OMR 10,000

Q: If you would like to make $1079 in 5 years, how much would you have to deposit in an account that…

A: Given that $1079 has to be made in 5 years and the simple interest rate is 7%. It is required to…

Q: Calculate the simple interest earned. Round to the nearest cent. P = $4000, r = 5.2%, t = 17 days

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Q: Find the simple interest and total amount if you borrow $8000 at 12% for 3 years.

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Q: find the least amount  that could be deposited in a bank account today at 12% compounded quarterly…

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Q: Find the simple interest on a loan of 12,500 that is borrowed at 9% for 7 months.How much would it…

A: This question related to simple interest and solution is given below.

Q: Margo borrows $1900, agreeing to pay it back with 5% annual interest after 11 months. How much…

A: Given data, Borrowed amount (P) = $1900 Annual Interest (R) = 5% = 0.05 Time (T) = 16 months = 11/12…

Q: Bertha invests $10,000 for 8 years which results in an account balance of $24,759.63. What was her…

A: Given Bertha invested $10,000 for 8 years which resulted in an account balance of $24,759.63.

Q: timothy puts in $300 in a bank that pays 7% in interest rate. If he leaves his intrest  from the…

A: Given that, The principle amount is p=$300 The rate of interest is R=7%  Since he leaves his…

Q: PETER PAID 50,000 IN 2.5 YEARS. HE BORROW P40,000 what is the simple interest?

A: In total Peter paid = P50000  Time to pay back = 2.5 years Peter borrowed = P40000

Q: Maria borrowed P10,000 with an interest rate of 12% compounded quarterly which he borrowed from a…

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Q: Calculate the simple interest earned. Round to the nearest cent. P = $9070, r = 5.50%, t = 4 months…

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Q: Find the simple interest owed if $470 is borrowed at 4.1% for 5 years

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Q: You took out a loan of $8,000 in 2015 at an interest of 6% simple interest. What is the total amount…

A: We have to solve the given question.

Q: What is the simple interest on P125, 000 at 8 3/4 % for 36 months?

A: Solution

Q: teach

A: Given, A teacher saves P5,000 every 6 months in the bank that pays 0.25% compounded monthly.

Q: a.) How long will it take for P800 to earn P240, if it is invested at 6.5% simple interest?

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Q: Alex borrowed $2,000 for 2 years at 5% compound interest rate. How much interest is that?

A: See attached file for a step by step explanation.

Q: Jake borrows $2,500 at an interest rate of 15% a year. If he repays the loan in 2 years, how much…

A: Assuming the simple interest, Interest = PRT/100 Where P= principal R = rate T = time

Q: The pawnbroker charged Elisa a simple interest rate of % (Round to the nearest whole number as…

A: We have to find the simple interest  rate.

Q: Michelle invests in a savings account that pays 8% interest compounded monthly. What is the APY for…

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Q: Find the simple interest owed if $680 is borrowed at 3.1% for 5 years.

A: The amount borrowed is $680. The rate of interest is 3.1%. The period for which the amount is…

Q: Maria paid ₱9,300 on a loan made 6 months before at 14% simple interest. Find the interest…

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Q: In order to help pay for his trip abroad for his spring semester of his senior year in college, Marc…

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Q: Stefan borrowed $8,950 for an engagement ring. At a 6.85% simple interest rate, how much total will…

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Q: Morgan loaned $3100 to Rolf at a simple interest rate of 0.65% per month. What was the term of the…

A: Here I am using simple interest formula.

Q: Mr. X intends to earn P150,000 in interest each year. How much needs he invests for a year at an…

A: Since you have asked multiple questions in a single request, we would be answering only the first…

Q: Laura invests $2,000 in a bank account which pays a compound interest rate of 6.4%. To the nearest…

A: Given that Amount of money Laura invested = $2000 Compound Interest rate = 6.4%  To calculate the…

Q: A bank lends $9000 at 7% simple interest. At the end of 1 year, how much interest is owed on the…

A: Given that, P = $9000 r = 7% n = 1 year By formula, Simple Interest = Pnr100

Q: You  borrowed $1500 at 21% simple interest. What is the total amount to be repaid  1 year 55 days…

A: Consider the following simple interest formula: I=P×R×T100Where,P=PrincipleI=InterestR=Rate of…

Q: Find the interest earned after 3 years if P12 000 is deposited a savings account which earns 5%…

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Q: determine the simple interest that pia catriona needed to pay if she borrowed 2345 at 3 1/5%for 10…

A: Given Principle (P) = 2345 Rate (R) = 315% Hence R = 165% Time (T) = 10 months Hence T = 1012years

Q: Find the interest paid by veronica on P35,000 that she borrowed for 2 years at 15% simple interest.

A: Given: P=$15000t=2 yrsr=15%

Q: A person collected $2,100 on a loan $1,800 they made 4 years ago. If the person charged simple…

A: We have formula for simple interest

Q: Find the amount due on a loan of $6500 at 8% simple interest at the end of 4 vear

A: Given P=$6500Rate= 8%Time = 4 yearsWe know that I=PTR100

Q: Calculate the amount of simple interest earned. Round to the nearest dollar. $2000 at 9% interest…

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Q: Assume a six-month CD purchased for $5000 pays simple interest at an annual rate of 9.5%. How much…

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