Calculate the simple interest on each amount and the total amount at the end.
A. a loan of $250 at 5% per year over three years
B. a deposit of $500 that pays 3.5% per year over five years
C. a loan of $1200 at 6.9% per year over four years
D. a deposit of $2550 that earns 3% interest over 30 months
E. a loan of $5000 at 8% per year over 39 weeks

Question

06-02-2022
Mathematics

Answered

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Calculate the simple interest on each amount and the total amount at the end.
A. a loan of $250 at 5% per year over three years
B. a deposit of $500 that pays 3.5% per year over five years
C. a loan of $1200 at 6.9% per year over four years
D. a deposit of $2550 that earns 3% interest over 30 months
E. a loan of $5000 at 8% per year over 39 weeks

Sagot :

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