expected interest rates


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George earned $16 as simple interest on $800 for 3 months. Find the ye..
George earned $16 as simple interest on $800 for 3 months. Find the yearly rate of interest. => 7% or 10% or 9% or 8%..
Find the simple interest on a principal of $140 for a period of 4 year..
Find the simple interest on a principal of $140 for a period of 4 years at an interest rate of 3%. => $15.80 or $16.80 or $17.80 or $18.80..
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 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..
Jim deposits $300 in a savings account at an interest rate of 2% per y..
Jim deposits $300 in a savings account at an interest rate of 2% per year. Find the interest earned in 4 months. => $20 or $2 or $4 or $5..
An amount becomes $1500 in 3 years and $6000 in 4 years on compound in..
An amount becomes $1500 in 3 years and $6000 in 4 years on compound interest. Find the rate of interest. => 4% or 3% or 2% or 5%..
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..
Andrew invested $1800 in two parts, one at 14% interest and the other ..
Andrew invested $1800 in two parts, one at 14% interest and the other at 8% interest. His total income in one year was $240. How much did he invest at each rate? => 960, 1920 or 1600, 200 or 1550, 250 or 685.71, 200..
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