question archive What is the simple interest on $950
What is the simple interest on $950
Subject:MathPrice: Bought3
What is the simple interest on $950.00 over a period of 21/2 years at 10% per annum? 1) . . . . . . . . . . . . . .. . . . . . . . If $70,000 is borrowed at the rate of 20% per annum for 3 years, what is the simple interest? (2) (3) What is the simple interest on $15,000 for 18 months at 121/2 % per annum? . . . . . . . . . .. (4) What is the rate per cent at which $12, 000 is invested to gain $720 in simple interest in 3 years? . . . . . . . . . . . . . . . . . . . . (5) If $6,200.00 is invested at 12% per annum, how long will it be until it reaches $9,920.00? . . . ... . . . . . . . . . . . . . . . . . ... (6) What sum of money will yield a Simple Interest of $9,690.00 in 3 years at 5% per annum? . . . .. . . ..... . . . . . . . .. .... . . . . . . . . . . . . . . . . .. . . . .. . ..
