Help!
1.)Smith invest 300,000 for 1 year at a rate of 6%, how much interest will be earned at the end of the year?
2.jim invested 450,000 in 2 years of 4.5%, he earned 25,540 in interest, how long was the money invested?
3.) Zel got a loan for car for 750, 000 the interest rate is 9.5%, she paid 25, 000 in interest, how many years did she fully paid her loan?
4.)resse deposited 70, 500 for 2 years into a money market account at the end of two years she had a total of 80,700 what rate of interest she received?
1.)Smith invest 300,000 for 1 year at a rate of 6%, how much interest will be earned at the end of the year?
2.jim invested 450,000 in 2 years of 4.5%, he earned 25,540 in interest, how long was the money invested?
3.) Zel got a loan for car for 750, 000 the interest rate is 9.5%, she paid 25, 000 in interest, how many years did she fully paid her loan?
4.)resse deposited 70, 500 for 2 years into a money market account at the end of two years she had a total of 80,700 what rate of interest she received?
Add an Answer
More Questions From This User See All
Answers & Comments
Answer:
1. 18,000
Sulotion:
300,000 x 6% = 18,000
Answer:
2. 1,149.3
Answer:
3. 4 years
Answer:
4. 7%
( I HOPE IT HELPS YOU GUYS)
( CARRY ON LEARNING)
( GOOD LUCK TO YOUR MODULE)