Sarah invests 9600 at a simple interest rate
WebbSarah invests £9600 at a simple interest rate of 8% per year. Work out the value of the investment after 3 years. Webb13 sep. 2024 · Rate interest of rate be r%, then According to the question [25000 × 1/4 × r × 2]/100 + ... fourth of the sum of Rs. 25,000 at a certain rate of simple interest and the rest at 4% p.a. higher rate. ... A man invests Rs. 1000 at 10% per annum for 5 years. Calculate the interest to be paid.
Sarah invests 9600 at a simple interest rate
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Webb24 juni 2024 · Sarah invests £9600 at a simple interest rate of 8% per year. Work out the value of the investment after 3 years See answers Advertisement codythaxinator23 … Webb4 jan. 2024 · Simple interest If an amount P is borrowed for a time t at an interest rate of r per time period, then the simple interest is given by I = P ⋅ r ⋅ t The total amount A, also called the accumulated value or the future value, is given by A = P + I = P + Prt or A = P(1 + rt) where interest rate r is expressed in decimals. Discount and Proceeds
Webb1 maj 2024 · Find the simple interest earned after 5 years on $600 at an interest rate of 3%. Find the simple interest earned after 4 years on $900 at an interest rate of 6%. Find … WebbSarah invests £9600 at a simple intrest rate of 8% per year work out the value of the investment after 3 years ? Discussion You must be signed in to discuss. Video Transcript
WebbCalculates interest, principal, rate or time using the simple interest-only formula I=Prt. Calculate simple interest (interest only) on an investment or savings. Calculator for simple interest with formulas and calculations … Webbsarah invests £9600 at a simple interest rate of 8% per year. work out the value of the investment after 3 years
WebbSarah invests £9600 at a simple intrest rate of 8% per year work out the value of the investment after 3 years ?
Webb7 feb. 2024 · The formula is A = Prt to find the amount of simple interest earned. P = principal or original amount of investment. r = rate of interest (in decimal form) t = time … minimal aesthetic bathroomWebb1. Sarah invests R5000 for 6 years at a simple interest rate of 8% p.a. Determine: (a) the future value of the investment. (b) the simple interest received after 6 years 2. Kabelo invests R15000 for 15 years at a simple interest rate of 8% per annum. Calculate: (a) the future value of the investment. most profitable it companies in the worldWebb7 feb. 2024 · Sara invests ? 9600 at a simple interest rate of 8% per year. work out the value of the investment after 3 years Answers Answer from: chloelandry SHOW ANSWER $ 11,904 The formula is A = Prt to find the amount of simple interest earned. P = principal or original amount of investment r = rate of interest (in decimal form) t = time in terms of … minimal aesthetic fashionWebb26 okt. 2024 · sarah invested £12000 in a unit trust 5 years ago, the value of the unit trust increased by 7% per annum for each of the last 3 years. before this the price had decreased by 3% per annum. calculate the current price of the unit trust asked by hayden October 26, 2024 20 answers what is 12000 (.97)^2 (1.07)^3 ? answered by Reiny October 26, 2024 minimal aesthetic wallpaperWebbThis means that you will not earn an interest on your interest. Your interest payments will be $5 per year no matter how many years the initial sum of money stays in a bank account. This calculator can be used to solve various types of simple interest problems. The calculator will print easy to understand step-by-step explanation. minimal aesthetic kitchenWebb9 dec. 2024 · sarah invests £9600 at a simple interest rate of 8% per year. Work out the value of the investment after 3 years 2 See answers Advertisement Brainly User Answer: … minimal affinization of type eWebbSarah invests £9600 at a simple interest rate of 8% per year. Work out the value of the investment after 3 years? most profitable ipl team