33. What is the simple interest on $5,300 at 8% for 90 days?
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47. How much interest will Bill pay on his car loan if he finances $17,000 at a 14% simple interest rate?--------------------------------------------------------------------------- 51. Sally bought a 6-month $700 certificate of deposit. At the end of the six months, she received $77 simple interest. What rate of interest did the certificate pay?----------------------------------------------------------------------------
54. Find the simple interest earned on $300 invested at 6.5% for 4 years.
2007-03-26 15:18:48 · 5 answers · asked by HOTTIE 101 2 in Education & Reference ➔ Trivia
Make sure to note that there are 4 questions above! 33, 47, 51, 54! I numbered the by skipping a couple so you don't get them confused!
2007-03-26 15:21:35 · update #1
IT"S NOT HOMEWORK!
2007-03-26 15:22:10 · update #2
It wasn't my homework! It was my little sisters! I didn't give her the answers I just needed to see if I helped her figure them out right! Thank you What_more_can_i_say! I helped her with all of them! She is in seventh grade! I am a senior so I don't really do these things any more!
2007-03-26 16:45:24 · update #3
Your homework, not mine. Wish I could help, but I wouldn't be able to sleep tonight knowing that I deprived you of working out your own financial math genius.
2007-03-26 15:21:27 · answer #1 · answered by Anonymous · 3⤊ 0⤋
1. $106
2. You need to know how long the loan is made to figure out the total cost.
3. 22% APR
4. $78
2007-03-27 12:17:53 · answer #2 · answered by regizzy 5 · 0⤊ 0⤋
i hope you're telling the truth that this is NOT your homework... so i'll trust you for once...
here's to see how well i retain my math:
33. P*R*T (in years usually)
5,300.00*0.08*0.25yr
$106 every quarter or $424 every year
47. $2,380 per year?
51. 11% per annum?
54. interest earned per year: $19.50. for 4 years, 4*$19.50=$78.00
how did i do?
2007-03-26 23:36:05 · answer #3 · answered by wat_more_can_i_say? 6 · 0⤊ 0⤋
33. 10.176
47.
51. 6.59%
54.
I tried 2 out of four. that's a 50%. i at least know that one!!!!lol have a great night.
2007-03-26 23:00:25 · answer #4 · answered by techme523 2 · 1⤊ 0⤋
might not be homework in your world!!!!!
2007-03-26 22:50:48 · answer #5 · answered by kenmauiphoto 5 · 1⤊ 0⤋