  Math Central - mathcentral.uregina.ca  Quandaries & Queries    Q & Q    Topic: simple interest   start over

8 items are filed under this topic.    Page1/1            Simple interest 2014-03-08 From lynn:I need to find what the interest will be for: 5000.00 @ 16.5% annual rate, and the same for 10.8 % for 5000.00 annual rate all one question thank you for your aidAnswered by Penny Nom.     A problem involving simple interest 2012-09-27 From Tash:The amount of money in a single year of an investment after P dollars were initially invested is A = P + Prt, where r is the rate of simple interest. What expression describes P? How much money was initially invested if the account has \$1000 one year after the initial investment and the interest rate was 5%?Answered by Penny Nom.     Simple interest 2011-12-11 From sandeep:Use the formula I = Prt to solve. Damon deposits \$500 into a savings account that pays simple interest at a rate of 0.65% per year. How long will it take Damon to earn \$130 in interest?Answered by Penny Nom.     Simple interest 2010-11-17 From Abeth:At what simple interest rate will a sum of money triple itself in 5 years time?Answered by Penny Nom.     8% simple interest for 6 years 2008-02-20 From Tiffany:cindy puts 5,025 in a bank account that earns a simple interest rate of 8%. How much money will be in the account at the end of 6 years?Answered by Stephen La Rocque and Penny Nom.     Simple interest 2007-11-08 From Lee:If a bank pays 3% simple interest anually on savings, and you did not take any money out of your account, how much money would you have deposited to earn \$45 in interestAnswered by Stephen La Rocque.     Calculating interest 2007-04-15 From Gerry:Calculate the amount of interest received on £120.00 desposited in an account paying 3% simple interest for three years.Answered by Stephen La Rocque.     Interest owing 2002-03-17 From Dean:I am an investor. If I lend to someone on January 1, 1999, \$1000 to be paid back interest at 2% per year (simple interest, ie not compounded), and on July 15, 1999, I lend the same person \$1,500 more (total loan is now \$2,500) but at 18%, and once again on October 15, 1999, I lend to the same person another \$1,500, and the person pays me back the principle(\$4,000) and interest on January 1,2001: What is the total (principle plus interest) due me? The tougher question is: what was my blended rate of return on my total outlay of money? Is there a formula you can give me so that I can perform my own calculations?Answered by Harley Weston.      Page1/1    Math Central is supported by the University of Regina and The Pacific Institute for the Mathematical Sciences.    about math central :: site map :: links :: notre site français