Initial rate question?

THE QUESTION: Find the simple interest earned to the nearest cent for each principal, interest rate, and time?

• THE QUESTION: Find the simple interest earned to the nearest cent for each principal, interest rate , and time. 2. $ 1,500 , 4.25% , 4 years 4. $ 1,200 , 3.9% , 8 months THE QUESTION: Find the simple interest paid to the nearest cent for each loan , interest rate, and time. 6. $ 290 , 12.5% , 6 months THE QUESTION: Find the simple interest earned to the nearest cent for each principal, interest , and time. 8. $ 1,050 , 4.6% , 2 years 10. $ 500 , 3.75% , 4 months THE QUESTION: Find the simple interest paid to the nearest cent for each loan, interest, rate and time. 12. $ 1,000 , 7% , 2 years 14. $ 2,700 , 8.2% , 3 months 16. Leon charged $75 at an interest rate of 12.5% . How much will Leon have to pay after one month if he makes no payments? 18. What is the simple interest earned on $900 for 9 months? 20. (HINT: Manuel has 1,800 dollars from his summer job to injest) Suppose he invests the $1,800 for 2 years and earns $144. What was the rate of interest? 21.Manuel would like to have $2,340 altogether. If he invests his money at 5% interest, in how many years will he have $2,340?

• Answer:

  If you don't do your own home work, you will never learn.