Question 13 3.33 pts The principal Pis borrowed at simple interest rater for a period of...

Question

Question

math algebra

Answer 1

Answer #1

given P=$7900 V=4.5vi = 4.5 = 0.045 100 telumonths =) t=1,1666 formuls simple interestit port =7900x0.045*1.1666 ulu.726 Nuru

Answer 2

Similar Homework Help Questions

The principal P is borrowed at simple interest rater for a period of time t. Find...

The principal P is borrowed at simple interest rater for a period of time t. Find the loan's future value, A, or the total amount due at time t. Round answer to the nearest cent. 37) P = $11,000.00, r = 9%, t = 150 days A) $11,412.50 B) $11,425.50 $11,406.85 D) $159,505.00
Question 28 5 pts The principal P = $200 is borrowed at simple interest rater =...

Question 28 5 pts The principal P = $200 is borrowed at simple interest rater = 7% for a period of time 6 months. Find the loan's future value, A; i.e. find the total amount due after 6 months. $1007.00 $212.00 $284.00 $207.00
Question 18 3.33 pts The principal represents an amount of money deposited in a savings account...

Question 18 3.33 pts The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Find how much money will be in the account after the given number of years (Assume 360 days in a year.), and how much interest was earned. Tir Atte 2H A=P A. Pert Principal: $3500 Rate: 4.5% Compounded: monthly Time: 4 years amount in account: $3660.79. Interest earned: $160.79 amount in account: $4865.38; Interest earned: 5673.82...

Find the simple interest. Assume the rate is an annual rate. Assume 360 days in a...

Find the simple interest. Assume the rate is an annual rate. Assume 360 days in a year. Principal Rate Time in Months Interest p = $1200 r=3-% = 3 . The interest is $ . (Round to the nearest cent.)
Use the formula for the amount, A = P(1 + rt), to find the indicated quantity....

Use the formula for the amount, A = P(1 + rt), to find the indicated quantity. P = $3,500; r = 10%; t= 1 quarter; A = ? A= $ (Type an integer or a decimal.) Determine the present value P you must invest to have the future value A at simple interest rate r after time t. A = $7000.00, r = 14.0%, t = 39 weeks (Round to the nearest cent.) The principal Pis borrowed and the loan's...
27). The principal P is borrowed and the loan's future value A at time t is...

27). The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate r. P = $5000.00, A = $6500.00, t = 4 years % (Round to the nearest tenth of a percent as needed.) The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate r. P = $4300.00, A = $4380.63, t = 3 months % (Round...

Use ordinary interest: (Round your answer to the nearest cent.) Interest Date Date Principal Rate Borrowed...

Use ordinary interest: (Round your answer to the nearest cent.) Interest Date Date Principal Rate Borrowed Repaid $9,000 11% Apr. 20 Aug. 8 A Time Simple Interest B Amount Paid Back days
33. a. If $7,000 is borrowed for period of 8 months at simple interest 7.5% ....

33. a. If $7,000 is borrowed for period of 8 months at simple interest 7.5% . Compute the total amount owed at the end of 8 months. a. $7500 b. $7450 c. $7350 d. $7625 b. If $23,000 is borrowed at 8.25% for 45 months, what is the simple interest amount on this loan? a. 7100.565 b. 6515.435 c. 6500.525 d. 7115.625
The principal P is borrowed and the loan's future value A at time t is given....

The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate r to the nearest tenth of a percent. P=1800.00 A=1921.50 t=9 months

Simple Interest USE A 360 DAY YEAR Calculate the simple interest amount and the future value...

Simple Interest USE A 360 DAY YEAR Calculate the simple interest amount and the future value using the simple interest formula. 365 day year Principal Interest Rate Time Simple Interest Amount Future Value $ 18,000 4.5% 18 months $ 21,000 5% 1.75 Years $ 18,000 7.25% 9 months $ 1,000 8% 93 days $ 585 9% 193 days $ 1,200 12% 187 days 1) Leslie Hart borrowed $15,000 to pay for her child’s education. Leslie must repay the loan...