Which of the following investments will earn the smallest amount of interest?
If you invest $8,600 at a 3.95% simple annual interest rate, approximately how long will it take for you to have a total of $21,000?
Iris has an investment worth $8,813. She made her only deposit in it seven years ago. Given that the investment yields 3.7% simple interest annually, how big was the initial deposit?
Ike invests $7,660 in an account paying 7.27% simple interest annually. How much interest has Ike gained after four years?
Nicole deposits $2,136 in a savings account paying 5.36% interest. To the nearest dollar, how much money does Nicole have in total after nine years?
Arthur has $19,500 to invest, and wishes to gain $8,000 in interest over eleven years. Approximately what is the minimum simple interest rate that Arthur needs to achieve his goal?
In the formula I=P·r·t, what does r stand for?
Henry and Walter open savings accounts at the same time. Henry invests $6,500 at 4.54% simple interest, and Walter invests $7,100 at 4.74% simple interest. After eight years, how much more interest has Walter earned than Henry?
If you wish to calculate the interest on an investment with a rate of 6.17%, what number will you plug into your equation?
Abigail has an account that pays 6.92% simple interest per year and wants to accumulate $5,896 in interest from this account over six years. How much money should Abigail invest in this account to meet this goal?
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