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Calculate the simple interest on the amount of 550.00 at 7 percent for 1 year?

The simple interest on the amount of $550.00 at 7 percent for one year would be $38.50. To reach the answer, multiply 550 by .07 which equals 38.50.


How many years will it take to reach 18600 if Tina invests 1000 in an account that pays 6.5 percent interest?

9.85 years, approx.


How many years will it take 50 to reach 5000 at a rate of 5 percent?

If you are talking money and interest, then if the interest is simple interest then 5000 = 50 x N x 0.05, hence N = 5000/25 = 200 years If the interest is compounded then 50x(1.05)^N = 5000 Hence (1,05)^N = 100 N x log(1.05) = log(100) ...........(log is to base 10) N = 100/log(1.05) N = 2/0.02118 N = 94.42 years approximately


How does connectivity of transport networks influence tourism development?

helps tourists reach their destination of interest helps tourists reach their destination of interest


Can participation rates reach 100 percent?

Yes.


How many odoulles will it take to reach 5 percent or 6 percent?

1 and 1/2


How much does Payday Advance Cash charge for interest?

A payday loan, also known as cash advances, is a short term loan. The interests are very high and can reach 15 percent a week. The loan consumer normally turn on this type of loan when he is nor capable of getting a low interest load.


If you have 4300 that you invest at 5 percent simple interest. How long will it take for your balance to reach 7525?

I = PTR/100. In this case I = 3225, P = 4300, T is unknown and R = 4. so 3225 = (4300 x T x 4)/100 ie 3225 = 172T making T = 18.75, so it'll be 3/4 of the way throught the nineteenth year.


What is the enemy of compound interest and makes it very difficult to reach your financial goals?

The enemy of compound interest is debt, especially high-interest debt like credit card debt. By owing money and paying high interest, you are essentially working against the benefits of compound interest, making it harder to grow your wealth and reach your financial goals.


What three reason do interest group reach out to the public?

Interest groups reach out to the public to supply to public with information the organization thinks the people should have, to build a positive image of the group, and to promote a particular public policy.


Does your armor affect your health in Halo Reach?

Simple answer. Nope!


How do special interest groups reach lawmaker help set policy?

Persuasion