At what interest rate wil the given principal P earn the given simple interest l'in the given term t? 11. P= P150, 000; = P1,000; 1 = 2 yrs 12. P= P35,000 = P600; t = l yr 13. P= P64,000; = P8,000; =5 ys 14. P= P720, 000; = P100,000; = 5ys 15. Pa P98, 00 = 9,00 2-years
At what interest rate wil the given principal P earn the given simple interest l'in the given term t? 11. P= P150, 000; = P1,000; 1 = 2 yrs 12. P= P35,000 = P600; t = l yr 13. P= P64,000; = P8,000; =5 ys 14. P= P720, 000; = P100,000; = 5ys 15. Pa P98, 00 = 9,00 2-years
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![At what interest rate wil the given principal P eam the given simple interest lin the given term 1?
11. P= P150,000; = P1, 00; = 2 yrs
12. P= P35, 000; | = P600;t = 1 yr
13. P= P64,000 = P8, 000;1= 5 yrs
14. P= P720,000; = P100,000; = ys
15. P= P98,000; = P9,000; = 2-years](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9fe61fd3-8fd9-4ff7-8c7a-0ed4a75b5b40%2F842cc9f3-14b7-426a-860b-a42bf34b1e21%2Fzsatacr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:At what interest rate wil the given principal P eam the given simple interest lin the given term 1?
11. P= P150,000; = P1, 00; = 2 yrs
12. P= P35, 000; | = P600;t = 1 yr
13. P= P64,000 = P8, 000;1= 5 yrs
14. P= P720,000; = P100,000; = ys
15. P= P98,000; = P9,000; = 2-years
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