The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume there are 360 days in a year. P = $2000, r = 5.5%, t = 18 months
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- The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume 360 days in a year. P = $3000, r = 3%, t = 1 year $ €...The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume 360 days in a year. P = $510, r = 4%, t = 2 years (Round to the nearest cent as needed.)The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume 365 days in a year. P = $830, r = 2%, t = 2 years (Round to the nearest cent as needed.)
- The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume there are 360 days in a year and round answers to the nearest cent. P= $9000, r = 6.5%, t = 18 months (Round to the nearest cent.)The principal P is borrowed at a simple interest rate R for a period of time T. Find the loans Future Value A or total amount due at the time. P= 39000 R= 6.5% t= 3 yearsThe principal P is borrowed at simple interest rate r for a period of time t. Find the loan's future value, A, or the total amount due at time t. P=$4000, r= 7.5%, t= 9 months The future value is $ (Simplify your answer. Type an integer or a decimal.)
- The principal P is borrowed at a simple interest rate r for a period of time t. Find the loan's future value A, or the total amount due at time t. P = $3000, r = 8%, t = 4 years $ (Round to the nearest cent as needed.) OThe principal P=$6600 is borrowed at simple interest rate r=5.5% for a period of time t=15 months. Find the simple interest owed for the use of the money. Assume 360 days in a year and round to the nearest cent.An amount of P dollars is borrowed for the given length of time at an annual interest rate of r. Find the simple interest that is owed. (Round your answer to the nearest cent.) P = $3200, r = 9.0%, 3 months
- An amount of P dollars is borrowed for the given length of time with the amount F due at the end of the given length of time. Find the annual simple interest rate r. (Round your answer to two decimal places.) P = $2400, F = 3744.00, 7 years %D r = 22.28 X %The principal P is borrowed and the loan's future value A at time t is given. Determine the loan's simple interest rate r. P = $3800.00, A = $3885.50, t = 3 months S % (Round to the nearest tenth of a percent as needed.)Determine the simple interest. The rate is an annual rate. Assume 360 days in a year. p=$280, r=7.25%, t=2.75 years The simple interest is