$3,900 is invested for 18 months at an annual simple interest rate of 14%.  How much interest will be earned? Round your answer to the nearest cent, if necessary.       $4,719.00     $9828.00     $819.00     $905.50     $1,638.00

Q: Find the simple interest. $6000

A: Given, $6000 at 8% for 9 months

Q: Find the amount of the principal on a loan at 6% interest for 276 days if the interest was $82.80,…

A: Here is the Answer and Explanation

Q: The payee of a promissory note is the: Party making the promise to pay Party to whom the promise to…

A: To find the correct option

Q: Find the new price for the markup given. Round to the nearest cent if necessary. $4.00 marked up 87%

A: First calculate 87% of $4.00:

Q: Margo borrows $700, agreeing to pay it back with 3% annual interest after 17 months. How much…

A: Given that The principal amount P=700 Interest rate R=3%=3100Time T=17 months =1712 years .

Q: You deposit $5000 each year into an account earning 4.1% interest. How much will you have in the…

A: Please find the answer in next step.

Q: How much would you need to deposit in an account now in order to have $6000 in the account in 10…

A: See the attachment

Q: d 500 as a monthly payment for a new car. Your bank offers car loans at 4.5% APR for 3 years. How…

A: Introduction: The formula for the monthly payment is given by, M=Pr1+rn1+rn-1 Where P is amount of…

Q: Margo borrows $800, agreeing to pay it back with 3% annual interest after 9 months. How much…

A: Simple interest formula: The simple interest formula is given by, I=P×r×t, where P is principal, r…

Q: Sarah deposited $9,300 in a savings account that earns 17.5% annual simple interest. How much is in…

A: total amount in her account after 42 months will be  = initial deposited + simple interest   simple…

Q: Jaml's Home Repair borrows $4,000, at 16.75% interest, for 330 days. Use the exact interest method…

A: Exact simple interest is a simple interest that uses exact number of days in a year which is 365…

Q: A student obtains a loan for $7,250. How much money does the student actually receive, assuming a…

A: The objective of this question is to find out the actual amount of money the student receives after…

Q: Sanjeep takes out a $250,000 mortgage. The yearly interest rate on the loan is 5% and the loan is…

A:

Q: Don buys a car for $22,500. Don gets a loan for a year with an interest rate of 3% per year. How…

A: Using simple interest formula,

Q: The face value of a 97-day Treasury bill is $30,000. The interest rate is 2.96%. The purchaser buys…

A:

Q: A farmer purchased 235 acres of land for $4,900/acre. He paid 25% down and obtained a loan for the…

A: Given:   First we will find the amount of loan the farmer has taken    Calculating the amount of…

Q: After making 360 monthly payments, how much if what you paid the bank was interest? $           .…

A: Total amount paid =360*978.03 Total amount paid=352090.8

Q: Margo borrows $1900, agreeing to pay it back with 8% annual interest after 17 months. How much…

A:

Q: Find the missing value. Round your answer to the nearest cent.   Principal $26,000 Rate 6% Time 2…

A: