1.) A man invested $600 at 8% per annum for 5 years.
Calculate:
a.) The simple interest payab...
Mathematics, 22.11.2020 21:10 Tabbicat021
1.) A man invested $600 at 8% per annum for 5 years.
Calculate:
a.) The simple interest payable
b.) The total amount of money the man collected at the end of the 5-year period.
2.) Mr. Ford invested $12 450 in a bank at 7.25% per annum simple interest for 6 years. Calculate:
a.) The interest he was paid
b.) The total of amount of money he would have received at the end of the period of investment.
3.) The simple on $15 000 for 9 years is interest is paid when $800 is invested for 5 years.
Answers: 2
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