Juanita borrowed $600 to purchase a new computer. She was charged 7% interest for two years.The amount of money Juanita borrowed is called the initial amount✔ principalaccount balanceinvestment.
Which did you include in your response? Check all that apply.
C: $900 at 3.1% for 6 months ✔ $913.95$915.95$921.95$951.95
D: $275 at 4.8% for 8 years $105.60$180.40$169.40✔ $380.60
$79.73$797.30$7,973$79,730
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Find the total balance of each investment account earning simple annual interest.A: $624 at 5% for 3 years $93.60$624✔ $717.60$830.40
On January 1st, 2003, Gerry opened a savings account that paid 3.25% annual interest. His initial deposit was $1,100. If Gerry didn’t deposit or withdraw any additional money, what was his balance at the close of December 31st, 2012?(Hint: determine how many years the savings account was open for.)$1,064.25$1,421.75✔ $1,457.50$1,621.25
Which did you include in your response? Check all that apply.
B: $4,120 at 7% for 18 months $432.60✔ $4,552.60$4,722.60$8,440.60
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