sai. If thé interest is am agreed called simple interest. - formula PRT 100 P the principal, R the rate per cent each year, and T the Incipal is borrowed or invested. rtou auar es are k nowm id the itereot () 15 called thre amount. This 1s denOLeO p.a. 10. $726 invested for 3 years at 7% p.a. 6 p.a. 11. What sum of money invested for 5 years at 12% p.a. gives $264 simple interest ? 100I RT % p.a. 12. How long must $3700 be invested at 9% p.a. simple interest to give interest of $2331? p.a. 13. What annual rate of simple interest is р.а. necessary to give interest of $416 on a principal of $800 invested for 8 years? % p.a. 14. What sum of money earns $312 simple interest if invested for 8 years at 13%? 2 р.а. p.a. 15. Find the annual rate per cent that earns $234 simple interest when $900 is invested for 6, years. pa.
sai. If thé interest is am agreed called simple interest. - formula PRT 100 P the principal, R the rate per cent each year, and T the Incipal is borrowed or invested. rtou auar es are k nowm id the itereot () 15 called thre amount. This 1s denOLeO p.a. 10. $726 invested for 3 years at 7% p.a. 6 p.a. 11. What sum of money invested for 5 years at 12% p.a. gives $264 simple interest ? 100I RT % p.a. 12. How long must $3700 be invested at 9% p.a. simple interest to give interest of $2331? p.a. 13. What annual rate of simple interest is р.а. necessary to give interest of $416 on a principal of $800 invested for 8 years? % p.a. 14. What sum of money earns $312 simple interest if invested for 8 years at 13%? 2 р.а. p.a. 15. Find the annual rate per cent that earns $234 simple interest when $900 is invested for 6, years. pa.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Question
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Transcribed Image Text:sai. If thé interest is am agreed
called simple interest.
e formula
PRT
100
P the principal, R the rate per cent each year, and T the
Incipal is borrowed or invested.
e r tou auar u es
...he tl er thiree are w nown
id the itereot () 15 called tre amount. This 15 denOLeU
p.a.
10. $726 invested for 3 years at 7% p.a.
6 p.a.
11. What sum of money invested for 5 years at
12% p.a. gives $264 simple interest ?
% p.a.
12. How long must $3700 be invested at 9% p.a.
simple interest to give interest of $2331?
p.a.
13. What annual rate of simple interest is
р.а.
necessary to give interest of $416 on a
principal of $800 invested for 8 years?
% p.a.
14. What sum of money earns $312 simple
interest if invested for 8 years at 13% ?
% p.a.
p.a.
15. Find the annual rate per cent that earns
$234 simple interest when $900 is invested
for 6, years.
p.a.
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