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1000 is invested at 9 percent simple interest for 3 years This investment earns?
Wiki User
∙ 14y ago
Interest = (Principal x Time X Rate)/100 so in this case interest = (1000 x 3 x 9)/100 = 2700/100 = 27
Wiki User
∙ 14y ago
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1000 is invested at 6 percent simple interest for 5 years how much is the earnings?
300 :D
When invested at an annual interest rate of 8 percent an account earned 336 of simple interest in one year How much money was originally invested in the account?
Let P be the amount of invested money. Then, .08P = 336 P = 336/.08 = 4,200
What is the simple interest for a principal of 450 invested at a rate of 8 percent for 2 years?
450*8/100*2 = 72
How long will Lucy have to wait before her 2500 invested at 6 percent earns 600 in a simple interest?
She will have to wait 4 years.
How to calculate compound interest using a monthly investment calculator?
A simple formula can be used to calculate the amount the dollar invested is worth over a monthly period. Use PV*(1+R)/N where PV is your present investment, R is your interest rate and N is the number of investment periods.
How much interest is earned on the account?
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?
What is the simple interest if 300 dollars is invested at 8 percent for 3 years?
72
Ryan was 8 when his parents invested 4000 in a certificate of deposit that pays 6 percent If Ryan leaves the account alone until the investment doubles how old will he be Assume that the interest?
20, assuming annual compound interest, 24 if simple interest.
How much interest will be earned on an investment of 8000 at 10 percent simple interest for 3 years?
$2400
1000 is invested at 6 percent simple interest for 5 years how much is the earnings?
300 :D
James invested 4000 at 5 percent interest per year how long will it take to earn 200 in simple interest?
1 year
Find the simple interest earned after 5 years on an investment of 2000 at 3.2 percent?
320
How the simple interest found in investment?
Multiply the principal (P) by the annual* interest rate as a decimal (r) and the time in years* (t). *The time period may be expressed in months, etc. For example, $2000 invested at 7% simple interest for 5 years: I = Prt = 2000x0.07x5 = 140x5 = $700.
How much simple interest would billy make if he invested 725 over 2 years at 8 percent?
116
When invested at an annual interest rate of 8 percent an account earned 336 of simple interest in one year How much money was originally invested in the account?
Let P be the amount of invested money. Then, .08P = 336 P = 336/.08 = 4,200
What is the simple interest on a principal of 4200 invested at an interest rate of 8 percent for 3.5 years?
42 x 8 x 3.5 ie 1176
A principal of 950 is invested in an account at 7 percent per year simple interest What is the amount of the principal after 5 years?
1282.5
