interest rates

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 years at an interest rate of 3%. => $37.70 or $40.70 or $39.70 or $38.70..

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 future value accumulated in an annuity after investing periodic payments $800 for 6 years at an annual interest rate 5%, with payments made and interest compounded quarterly. => $26200 or $22230 or $24230 or $20235..

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..

Find the amount accumulated after investing a principal of $1520 for 6 years at the interest rate of 5.4% compounded 12 times in a year. => $2200 or $2100 or $2000 or $1200..

Find the amount accumulated after investing a principal of $10,000 for 3 years at an interest rate of 6.5% compounded annually. => $1245.35 or $1207.94 or $1107.44 or $1200..

Which of the following expressions represents the balance after 7 years at an interest rate of 5% compounded annually for the principal of $1000? => 1000(1 + 0.05) 7 or 1000 × 0.05 × 7 or 1000(1 + 0.05) 12 or 1000 × 0.07 × 12..

George earned $16 as simple interest on $800 for 3 months. Find the yearly rate of interest. => 7% or 10% or 9% or 8%..

Matt borrows $6000 and clears his debt by paying $7000 after 4 months. Find the rate of interest charged per annum. The problem can be solved by ________. => Using a matrix or Using a rational equation or Applying a formula or None of the above..