Chapter 7: Problem 41
Convert the given decimal to a percent. $$ 0.14 $$
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Chapter 7: Problem 41
Convert the given decimal to a percent. $$ 0.14 $$
These are the key concepts you need to understand to accurately answer the question.
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How much simple interest is earned if $2,500 is invested at 5% per year for 6 years?
The balance on a 8-year loan is $10,032. If the simple interest rate is 4% per year, what was the principal borrowed?
A business owner borrows $$\$ 5,700$$ for 4 months. At the end of the 4 -month loan period, the interest owed is $$\$ 133$$. What was the simple yearly interest rate (as a percent)?
In an election for class president, the vote distribution among three candidates is shown in the following table. $$ \begin{array}{c|c} \text { Candidate } & \text { Votes } \\ \hline \text { Jun } & 57 \\ \text { Lisa } & 30 \\ \text { Aisha } & 58 \\ \hline \end{array} $$ Use a protractor to help create a pie chart showing the distribution of votes.
A business owner borrows $3,600 for 3 months at a 8% per year simple interest rate. At the end of the 3-month loan period, how much interest is owed?
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