An investment pays simple interest, and triples in 9 years. What is the interest rate? Answer = percent. %3D

Q: mr. and mrs lkan deposite $15,000 into college saving account with an annual compound interest rate…

A: Given that Mr. and Mrs. Ikan deposited $15,000 into college saving account with an annual compound…

Q: A woman borrows $2500 and agrees to pay 8% annual simple interest on the loan.  She repays the loan,…

A:

Q: find interest=you have agreed to borrow $50 and after 6 months pay back $58.

A: Given that you have agreed to borrow $50 and after 6 months pay back $58.we have to find the…

Q: Pim borrows $200 at 11% per annum compounded quarterly for 6 years. Determine the interest due on…

A: Given Jim borrows $200 at the rate of 11% compounded quarterly for 6 years.

Q: Assume that all interest is simple interest. Ed Bland had savings of  $524  invested at  7%  for…

A:

Q: An investment of $75,000 increases at a rate of 12.5% per year. Find e value of the investment after…

A: An investment of 75,000 increases at a rate 12.5% per year. Find the value of the investment after…

Q: A bank features a savings account that has an annual percentage rate of 5.4 % with interest…

A:

Q: Alex takes an auto loan of amount $25,000. He has to repay X at the end of each month for the first…

A: Solution:

Q: A bank features a savings account that has an annual percentage rate of 5.4 % with interest…

A: P = $ 5500 APR = 0.054

Q: Suppose that you borrow $12,000 for five years at 8% toward the purchase of a car. Use PMT= interest…

A:

Q: An investment pays simple interest, and doubles in 13 years. What is the interest rate? Answer =

A: Formula for simple interest is :  I = P×R×T where ,   P = Principal  Amount  R = Annual rate of…

Q: After retiring, you want to be able to take $1000 a month for a total of 15 years from your…

A:

Q: Greg invests $11,000 in an account that pays 6.5% interest per year, compounded quarterly. How much…

A: Given:The amount invested by Greg in the account is .The rate of interest per year is .The amount is…

Q: An investment pays simple interest, and triples in 17 years. What is the interest rate

A:

Q: Money deposited in a fund triples every 8 years. If the bank compounds the interest continuously,…

A:

Q: Discount 1000 for 9 months and find the discount.  At 5% simple interest At 5% simple discount

A: Here P=1000, t=9 month=912=34year r=5%=0.05 simple interest. d=0.05 simple discount.

Q: what is the FV of the investment. Round  to nearest cent. $7,000 for 4 years at 4.75%  annual…

A:

Q: If you invest $6,000 in an account that pays 15 percent simple interest per year, how long before…

A: Given - Principal = $6000 Rate= 15% Amount = 2* principal

Q: balance of 5000 $. f he does not make a withdvaual or deposit how much money will be in ricks…

A: We will find the final amount.

Q: You deposit $6000 in an account earning 3% interest compounded monthly. How much will you have in…

A: Compound interest

Percentage

A percentage is a number indicated as a fraction of 100. It is a dimensionless number often expressed using the symbol %.

Algebraic Expressions

In mathematics, an algebraic expression consists of constant(s), variable(s), and mathematical operators. It is made up of terms.

Numbers

Numbers are some measures used for counting. They can be compared one with another to know its position in the number line and determine which one is greater or lesser than the other.

Subtraction

Before we begin to understand the subtraction of algebraic expressions, we need to list out a few things that form the basis of algebra.

Addition

Before we begin to understand the addition of algebraic expressions, we need to list out a few things that form the basis of algebra.