If $5000 dollars is invested at 8% simple interest, how long does it take for the investment to be worth $9000

Q: how long does it take an account containing $8000 to be worth $15000 if the money is invested at 9%…

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Q: What sum of money earns $312 simple interest if invested for 8 years at 13%?

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Q: if $250 investment earns 5 1/2 interest year how much additional money must be invested at 6% to…

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Q: Ronnie deposited 80, 000n in a savings account that pays 4 1/2% simple interest and earned 10,800 in…

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Q: if I invest 1000 at 2% interest how long will it take to double my money

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Q: Find how much should be invested to have $16,500 in 9 months at 9.7% simple interest.

A: It is an important part of statistics . It is widely used .

Q: Assume that a car loses 10% of the value it had at the beginning of the year. Find its value at the…

A: Given the initial value of the car at the start of the year is $30,000. The car loses 10% of the…

Q: a person earned $20.16 interst during the year, at 3% interest how much money did this person have…

A: The objective of this question is to find out the initial amount of money the person had at the…

Q: Find the original investment in an account if the final amount of money is $8296. It was invested in…

A: Given amount=$8296

Q: A computer loses 35% of of its value each year. If the computer cost $600 new, calculate its value…

A: A computer loses 35% of of its value each year. If the computer cost $600 new, calculate its value…

Q: If you want to earn 15% annual simple interest on an investment how much should you pay for a note…

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Q: How much money is in an account where $80 was invested at an interest rate of 6% simple interest for…

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Q: Find how much should be invested to have $27,500 in 8 months at 6.7% simple interest.

A: From the given information. The total amount is $27500. The time period is 8 months. The annual rate…

Q: if $230 is invested for one year at 5% interest rate, how much interest is earned

A: Given:$230 is invested for one year at 5% interest rate.

Q: Assume a new car costs £20k and loses 20% of its value every year. How much is it worth after 5…

A: Let us assume the worth of a  house at present year is x$. After every year  worth decreases by y%.…

Q: A man invested 50,000 in an investment entity that pays 5 3/8 % simple interest for 3 years and 7…

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Q: 2. If Joe uses online banking and averages 20 transactions monthly, how much would it cost at each…

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