A carpenter deposits $626.90 in a savings bank. If the bank pays 2 1/4% simple interest per year, payable annually, what is the total amount in the account at the end of one year?
Correct Answer:
Verified
Q1: The annual rate of interest on $19,000
Q2: Rate of interest is the percent at
Q3: Find the simple interest and amount on
Q4: A builder develops a tract of 15
Q5: A contractor borrows $90,000 on a building
Q6: A borrower pays $555.20 interest in the
Q7: A bank loans $69,350 to a contractor
Q9: A family pays 5% simple interest on
Q10: Principal is the amount of money invested
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents