fr

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Populaire Word Problems >

Determine the simple interest earned on 10,000after 30 years if the APR is 14%.

Solution

De t er min e t h e s im pl e in t eres t e a r n e d o n 10, 000 a f t er 30 ye a rs i f t h e A PR i s 14%.

Solution

Interest : 42000

étapes des solutions

Translate the problem into an equation:

I = 10000 \cdot 0.14 \cdot 30

Simplifier

I = 10000 \cdot 0.14 \cdot 30

Interest : 42000

Exemples populaires

Clare opened a savings account and deposited 200.00. The account earns 11% interest, compounded quarterly. If she wants to use the money to buy a new bicycle in 3 years, how much will she be able to spend on the bike?man sold an article for Rs. 2400 thus making a profit of 20% Find the cost price of the article.the larger of two numbers is 20 more than the smaller. Four times the larger is 70 more than 5 times the smaller.Find the time required for an investment of 5000 dollars to grow to 7700 dollars at an interest rate of 7.5 percent per year, compounded quarterly.mr smith invested 200000 into a fund that compounded interest continuously. Ten years later his account had a balance of 220000. what interest rate did his investment earn