Interest | = Prt 5) Ben deposited $6,500 in a simple interest account that pays 2.8% interest annually. If Ben leaves the money in the account for 12 years, how much interest will he earn?

Q: Melanie invests $13,000 at 13% simple interest for 1 year. How much is in the account at the end of…

A: Substitute 13000 for P, 13% for r and 1 year for t in the simple interest formula I=Prt and…

Q: You deposit $1200 in an account with an annual interest rate of 3%. How much simple interest is…

A: Given,  Principal = p = $ 1200  Interest rate = r = 3 %  Time period = t = 5 years  We have to find…

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

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Q: You have $10,000 to deposit in a savings account that earns simple interest at a rate of 4.5% per…

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Q: $350 is borrowed at a rate of 2.5% simple interest for 3 years. How much interest will be paid?

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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: 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 deposit of $1500 in an account pays 7.25% interest a year. What is the account balance after 8…

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

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Q: We invest $5500 in an account that pays simple interest of 3% each year. How much interest is earned…

A: Formula: The formula that represents the simple interest is: I=PRT100 I is the interest. P is the…

Q: The principal represents an amount of money deposited in a savings account subject to compound […

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

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Q: We invest $4000 in an account that pays simple interest of 3% each year. How much interest is earned…

A: Let, P = initial  amount r = annual  interest  rate t = time ,then the simple  interest  formula…

Q: Find the amount due if $400 is borrowed for 14 months at 17% simple interest. Amount = $

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Q: Sophia invests $12,350 in an account that earns 4.5% annual simple interest. Assuming she makes no…

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Q: Find the interest earned after 3 years if P12 000 is deposited a savings account which earns 5%…

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Q: You deposit $100 in a savings account that earns 5% simple interest per year. What is the interest…

A: Given Principal amount = P = $100 Time = t = 8 years Interest rate = 5% per year

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products. 

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.