Mathematics, 01.02.2021 19:00 yam78

1. Find the simple interest for $800 invested at 3.2% for 4 years. 2. Suppose Felino deposited $1500 in the bank for 3 years. He makes $112.50 in simple interest at the end of the 3 years. Find the annual interest rate.
3. What is the total amount of money in an account where $4000 is invested at an interest rate of 4% compounded annually after 5 years?

Answers: 3

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1. Find the simple interest for $800 invested at 3.2% for 4 years. 2. Suppose Felino deposited $150...