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..
Danielle deposited $400 in her savings account. The rate of simple int..
Danielle deposited $400 in her savings account. The rate of simple interest is 6% per year. Find the balance at the end of 3 years. => $456 or $288 or $72 or $472..
An advertisement of a bank promises to double an investor's money in 5..
An advertisement of a bank promises to double an investor's money in 5 years. What is the rate of simple interest that an account should earn to double itself in 5 years? => 30% or 15% or 20% or 25%..
Chris deposited $445 in an account at his school bank, where the rate ..
Chris deposited $445 in an account at his school bank, where the rate of interest is 3.4% per year. Find the balance he withdraws at the end of 2 years, if he gets a simple interest. => $475.26 or $575.26 or $425.26 or $375.26..
Mr. Jones deposited $8000 in a bank that pays a simple interest of 7% ..
Mr. Jones deposited $8000 in a bank that pays a simple interest of 7% per year. Find the balance in his account at the end of 5 years . => $10800 or $10300 or $10600 or $9800..
Mr. Gary deposits $1300 in an account that earns 4% compounded interes..
Mr. Gary deposits $1300 in an account that earns 4% compounded interest annually. The following spreadsheet is used to calculate the balance in his account at the end of two years. What would be the balance in Mr. Gary's account at the end of three years? A B..
How long will it take for Mr. Floyd to double his savings of $4000, i..
How long will it take for Mr. Floyd to double his savings of $4000, if he deposits the amount in an account that offers a simple interest of 10% per year? => 13 years or 14 years or 12 years or 10 years..
A bank pays 3% interest compounded yearly on a deposit of $600. What w..
A bank pays 3% interest compounded yearly on a deposit of $600. What will be the balance in the account after 4 years? => $575 or $1350 or $675 or $775..
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..
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