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Applications
Exercise 4 (Page 3)
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3. Solve the following: Click here for Example.
Answers at the end.
[Reload] Reload
1 Find the simple interest and amount for a principal of $300 at 8% per year, for 1825 days




2 Simple Interest of $756 at 14% per year, for 2190 days, Find the principal and the amount.




3 In what time will a sum of $4000 at 7% per year, yield an Interest of $2520.




4 Simple Interest of $280 at 14% per year, for 730 days, Find the principal and the amount.




5 Find the principal that amounts to $360 at 10% per year, for 2920 days.




6 Simple Interest of $1350 at 9% per year, for 1095 days, Find the principal and the amount.




7 Simple Interest of $48 at 12% per year, for 4 years, Find the principal.




8 Simple Interest of $180, Principal of $900 and for 5 year, Find the rate of interest per year.




Row No:Answers:Simple Interest Exercise 4 (Page 3)
1 I = $120 A = $420
2 P = $900 and A = $1656
3 9
4 P = $1000 and A = $1280
5 P = $200
6 P = $5000 and A = $6350
7 $100
8 4%
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