4.5 interest rates


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Joe invested $7,400, part at an annual interest rate of 4% and the res..
Joe invested $7,400, part at an annual interest rate of 4% and the rest at 5%. He received a total annual interest of $350. How much did he invest at each rate? => $3,000, $7,435 or $4,050, $7,420 or $2,000, $5,400 or $..
Marissa deposited $900 in her savings account. The rate of simple inte..
Marissa deposited $900 in her savings account. The rate of simple interest is 5% per year. Find the balance at the end of 4 years. => $720 or $1080 or $180 or None of the above..
The simple interest on a principal of $300 at an interest rate of 5% i..
The simple interest on a principal of $300 at an interest rate of 5% is $45. For how many years is the simple interest calculated? => 3 or 6 or 5 or 4..
Find the simple interest received by John, if he deposits $440 for a ..
Find the simple interest received by John, if he deposits $440 for a period of 3 years at an interest rate of 5%. => $67 or $65 or $68 or $66..
Find the simple interest on a principal of $430 for a period of 3 year..
Find the simple interest on a principal of $430 for a period of 3 years at an interest rate of 3%. => $37.70 or $40.70 or $39.70 or $38.70..
Find the simple interest for 3 years at a rate of 5% on $200.
Find the simple interest for 3 years at a rate of 5% on $200. => $60 or $90 or $30 or None of the above..
Tanya deposited $300 in her savings account. The rate of simple intere..
Tanya deposited $300 in her savings account. The rate of simple interest is 4% per year. Find the balance at the end of four years. => $48 or 1600 or $348 or 116..
A bank gives an interest at an annual rate of 10% compounded continuou..
A bank gives an interest at an annual rate of 10% compounded continuously. How long will it take to triple a deposit? => 13 years or 11 years or 12 years or 9 years or 10 years..
Sheela can buy a DVD player in a single payment of $100 or by paying ..
Sheela can buy a DVD player in a single payment of $100 or by paying an interest of $10 per month. Find the rate of simple interest per month. => 10% or 20% or 16% or 4%..
Victor borrows $2700 from his friend to buy a car. The annual interest..
Victor borrows $2700 from his friend to buy a car. The annual interest rate is 9.5%. How much interest should he pay his friend after one year? => $27 or $356.50 or $266.50 or $256.50..
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