exam Maths Puzzle Numerical Ability

For an account that earns simple annual interest,find the interest and the balance of the account.

P= $4500 ,r = 4%,t = 15 years

Any help with this equation would Greatly</b> appreciated.

Read Solution (Total 0)

exam Other Question

What does it mean to raise a number to a power? Mrs. Jones invested a total of $12,000, part at 10% and the rest at 5%. If the income from her 10% investment was 6 times as great as the income from 5% investment, how much was invested at each rate?