Angel invested a certain amount at 9% simple interest per year. After 5 years, the interest she received amounted to P68,000. How much did she invest?

Q: Carl placed $3,200 in a savings account that compounds interest annually at a rate of 1.0%. How much…

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Q: Jerry deposited $20,000 on an investment that will give $1,550 for every year that his money stays…

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Q: Taylor plans to borrow $4,500 from the bank to purchase a used vehicle. If he borrows the money at…

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Q: interest

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Q: 11. Solve. Round your answer to the nearest cent. Marie invested $10,000 in a savings account that…

A: Given query is to find the amount in the account after 7 years.

Q: Margo borrows $100, agreeing to pay it back with 6% annual interest after 16 months. How much…

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Q: Professor Beatrice Kuhl invests $7,500 at 4.5% interest.  How much money will she have at the end of…

A: the given principal value P = $ 7,500 interest rate r = 4.5% for time t = 6 years

Q: Sally’s parents loaned her $7500 to buy a used car at an interest rate of 7.5%. Sally wants to have…

A: It is given that, Principal amount P= $7500  R(rate)=7.5% r=R100×12=7.5100×12=0.00625 n=2 years…

Q: Mary Branson invested her summer earnings of ​$3000 in a savings account for college. The account…

A: Given principal amount P=$3000 interest rate r=1.5%=0.015  investment period t=3 months =14years.

Q: Kaj invests money in an account paying a simple interest of 1.2% per year. If she invests $90 and no…

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Q: A dealer sells a car for $7200 making a profit of 20% on the original cost. What is the price?

A: Selling price, S.P= $7200 Profit =20 %  Let the original cost price be, C.P = x

Q: Ken borrowed $2000 from Sam at 8% per annum. After 6 years he cleared the amount by giving $2600…

A: From the given information, we have to find the cost of the watch.

Q: rest rate of

A: Given, Ms. Drake invests $1000 at a simple interest rate of 8.5% for 2 years. The interest during…

Q: Adriana invested $4,500 for 8 months in an account that paid 1.9% interest. How much interest did…

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Q: Richard invests $298.66 every month into an account. At the end of 30 years, he has a balance of…

A: Given: The investment rate is $298.66 per month and  total time 30 year=360month and final balance…

Q: Darien borrows $6580 to help pay for university tuition at an annual interest rate of 7%. He plans…

A: Note: we know the simple interest formula is I = Prt  Here P is the principle amount or initial…