8) Noah invests $2000 in a simple interest savings account that receives 6% annually. How much interest will he earn if he keeps the $2000 in the bank for 18 months? a. O $120 b. O $180 c. $216 d. O $1800 9) Ralph owes $165 in interest for a simple interest loan that he took out 6 months ago. If the annual rate of the loan was 15%, what was the original amount that he borrowed? a. O $1,800 b. O $2,200 c. $3,000 d. O $3,254 2500 If he doesn't touch the account for 18 months, how

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
icon
Related questions
Question
I need #8 and 9
ford
CD
g Horizons
i-Pathways: Learning Pathways X +
pathways.org/Content/Participation/Navigation!goToDisplayContent Page.action?course=1_PATHWAYS BASIC&module=BASIC_MATH&unit.path-math%2...
i-Pathways
D.450
c. O $42.50
d. O $360
a. O $120
b. O $180
c. $216
d. O $1800
X
8) Noah invests $2000 in a simple interest savings account that receives 6% annually. How much interest will he earn if he keeps the $2000 in the bank for 18 months?
a. O $1,800
b. O $2,200
c. $3,000
d. O $3,254
☆
9) Ralph owes $165 in interest for a simple interest loan that he took out 6 months ago. If the annual rate of the loan was 15%, what was the original amount that he
borrowed?
a. O $50.50
b. O $95.00
c. O $262.50
d. O $562.00
0) Pete opens a simple interest savings account that earns 5% annual interest with an initial deposit of $3500. If he doesn't touch the account for 18 months, how mu
nterest will he earn?
Transcribed Image Text:ford CD g Horizons i-Pathways: Learning Pathways X + pathways.org/Content/Participation/Navigation!goToDisplayContent Page.action?course=1_PATHWAYS BASIC&module=BASIC_MATH&unit.path-math%2... i-Pathways D.450 c. O $42.50 d. O $360 a. O $120 b. O $180 c. $216 d. O $1800 X 8) Noah invests $2000 in a simple interest savings account that receives 6% annually. How much interest will he earn if he keeps the $2000 in the bank for 18 months? a. O $1,800 b. O $2,200 c. $3,000 d. O $3,254 ☆ 9) Ralph owes $165 in interest for a simple interest loan that he took out 6 months ago. If the annual rate of the loan was 15%, what was the original amount that he borrowed? a. O $50.50 b. O $95.00 c. O $262.50 d. O $562.00 0) Pete opens a simple interest savings account that earns 5% annual interest with an initial deposit of $3500. If he doesn't touch the account for 18 months, how mu nterest will he earn?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra And Trigonometry (11th Edition)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
Introduction to Linear Algebra, Fifth Edition
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
College Algebra (Collegiate Math)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education