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Scilla [17]
3 years ago
11

Need help on these problems

Mathematics
1 answer:
kupik [55]3 years ago
5 0
Simple Interest = Principal * Interest Rate * Term
Total Amount = Principal + Simple Interest

<span> <span> </span><span><span> #   Principal      Interest rate   term     Interest     Total balance
</span><span> 1 <span>         100.00         </span>6%             1 <span>           6.00 </span> <span>         106.00
</span></span><span> 3 <span>         100.00         </span>6%             2 <span>         12.00 </span> <span>         112.00
</span></span><span> 5 <span>         100.00         </span>6%             3 <span>         18.00 </span> <span>         118.00
</span></span><span> 7 <span>         100.00         </span>6%             4 <span>         24.00 </span> <span>         124.00
</span></span><span> 9 <span>      3,000.00         </span>5%             3 <span>      450.00 </span> <span>      3,450.00
</span></span><span>10 <span>     4,000.00         </span>6%             3 <span>      720.00 </span> <span>      4,720.00
</span></span><span>11 <span>   10,000.00         </span>4%             3 <span>   1,200.00 </span> <span>    11,200.00
</span></span><span>13 <span>   10,000.00         </span>6%             4 <span>   2,400.00 </span> <span>   12,400.00
</span></span><span>14 <span>   10,000.00         </span>6%             5 <span>   3,000.00 </span> <span>   13,000.00 </span> </span></span></span>
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