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Interest
Page 5
Questions (257)
Two customers took out loans from a bank.
Jarrod took out a 5-year loan for $4,000 and paid 3.2% annual simple interest.
3 answers
asked anonymously
21 views
Finn deposited $3,500 in a new account at his bank.
The bank pays 5.5% interest compounded annually on this account. Finn makes
5 answers
asked by
...............................
28 views
Between simple interest at 8% and compound interest at 9%, find the higher resulting balance after investing $500 for a period
9 answers
asked by
Alto Saxaphone
32 views
When $70 is invested monthly with an annual compound interest rate of 12% interest, compounded monthly, what is the total amount
1 answer
asked by
anon.llc
24 views
determine the accrued interest and fhe final amount of $10,000
1 answer
asked anonymously
10 views
she made $2,000 on a summer job and put it in a bank account paying simple interest of 5% annually,if she let's her money earn
1 answer
asked anonymously
26 views
Between simple interest at 8% and compound interest at 9%, find the higher resulting balance after investing $500 for a period
1 answer
asked anonymously
11 views
Between simple interest at 8% and compound interest at 9%, find the higher resulting balance after investing $500 for a period
1 answer
asked anonymously
28 views
Compare simple interest at 3% and compound interest at 2% with interest being compounded monthly when $750 is invested for 1
1 answer
asked anonymously
36 views
A debt of RM3,000 on 8 February 2018 became RM3,150 on 8 June 2018. Calculate the value of the debt on 19 May 2018 using the
1 answer
asked by
Lita
31 views
Wambugu invested a sum of money in a financial institution that paid a commission interest at the rates of 6% and 7%
1 answer
asked anonymously
12 views
If you borrow $700 at 6% simple interest for 17 months, how much do you owe in interest?
1 answer
asked anonymously
27 views
Chloe deposits $2,000 in a money market account. The bank offers a simple interest rate of 1.2%. How much interest will she earn
1 answer
asked anonymously
109 views
_____ is the amount of money charged for borrowing or using money. When you deposit money into a savings account, you are paid
1 answer
asked anonymously
19 views
Joni earned $0.625 per day for two days as interest on her $1,000.00 investment. What percent interest did she earn in total?
1 answer
asked anonymously
9 views
Two customers took out loans from a bank.
• Monika took out a 4-year loan for $10,000 and paid 5.2% annual simple interest. •
1 answer
asked by
silent
18 views
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is _____________
(1
1 answer
asked anonymously
57 views
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is _____________
(1
1 answer
asked by
ur mum
57 views
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is (1 point)
O
1 answer
asked anonymously
27 views
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is _____________ (1
1 answer
asked anonymously
15 views
Multiple Choice Question
Calculate the total payback for a $2,500 loan at 10% annual interest for two years. A. $1,021.80 B.
1 answer
asked anonymously
12 views
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is _____________ (1
1 answer
asked by
william Alexaner
29 views
Question
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is
1 answer
asked by
@~@
64 views
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is _____________
(1
1 answer
asked anonymously
36 views
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is ( 1 point)
Interes
1 answer
asked by
Connexus_solver
24 views
a percentage of the total amount amount you have in the bank that is paid into your account economics
1 answer
asked anonymously
9 views
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is _____________
(1
1 answer
asked anonymously
23 views
An investor puts $5,600 into a life insurance policy that pays 11.5% simple annual interest. If no additional investment is made
1 answer
asked by
silent
19 views
Robin saves $500 at a yearly simple interest rate of 4%. What is the total amount of
money she has after 20 years?
1 answer
asked by
noai
40 views
Which of the following is true of interest?
(1 point) Responses It is a percentage of the total cost of the loan. It is a
1 answer
asked anonymously
15 views
George deposits $2,500 into each of two savings accounts.
Account I earns 4.5% annual simple interest. Account II earns 4.5%
1 answer
asked by
silent
10 views
When you borrow money from a bank, you must pay it back and also pay an extra amount the bank charges. This is _____________
A.
1 answer
asked anonymously
21 views
which of the following is true of interest?
- It is expressed as the APR of a loan. - It is a percentage of the total cost of the
1 answer
asked anonymously
14 views
By putting money into your savings account, you are basically ____________________. In return, they pay you interest!
starting a
1 answer
asked anonymously
18 views
By putting money into your savings account, you are basically ____________________. In return, they pay you interest!
By putting
1 answer
asked by
yuki
11 views
Gracia's grandfather deposited $4,850.00 into a savings account that earns 3.75% annual simple interest. He plans to give the
1 answer
asked anonymously
14 views
answer these qestions
An employee put $5,000.00 in a retirement account that offers 9% interest compounded annually. The employee
1 answer
asked anonymously
14 views
An employee put $5,000 in a retirement account that offers 9% interest compounded annually. The employee makes no additional
1 answer
asked anonymously
23 views
What is the difference between simple interest and compound interest?(1 point)
Responses Compound interest is better for
1 answer
asked anonymously
28 views
Chenelle deposits $7,500 into the bank. She does not withdraw or deposit money for 6 years. She earns 6% interest during that
1 answer
asked anonymously
18 views
What is the difference between simple interest and compound interest?
1 answer
asked anonymously
11 views
Bert is planning to open a savings account that earns 1.6% simple interest yearly. He wants to earn exactly $336 in interest
1 answer
asked by
mikiel
17 views
Karla took out a $500 loan to help with her medical bills. By the time she made her final payment, she had paid back $540. What
1 answer
asked anonymously
12 views
is paid on an investment's original principal and on interest that has accumulated over previous periods.
Discount interest
1 answer
asked anonymously
16 views
Mary needs to borrow $ 12,000. She can borrow the money at 4.5% simple interest for 6 yr or she can borrow at 4% with interest
1 answer
asked anonymously
8 views
_______interest is a basic percentage charged on the principal or the initial amount of the loan._______
interest is interest
1 answer
asked anonymously
12 views
Interest is a basic percentage charged on the principal or the initial amount of the loan. Interest is interest that is paid on
1 answer
asked anonymously
19 views
What is the word for a fee based on a percentage of money borrowed? (1 point)
Responses collateral collateral credit credit debt
1 answer
asked anonymously
54 views
What is the word for a fee based on a percentage of money borrowed? (1 point) Responses collateral collateral credit credit debt
1 answer
asked anonymously
26 views
What is the word for a fee based on a percentage of money borrowed? (1 point)Responsescollateral collateral credit credit debt
1 answer
asked by
dee
19 views
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