simple interest

Theodore invests $17,000 at 9% simple interest for 1 year. How much is in the account at the end of the 1 year period. Using our balance calculator with simple interest, we have: 18,530

Calculate the simple interest if the principal is 1500 at a rate of 7% for 3 years. Using our simple interest calculator, the total interest earned over 3 years is $315.

Amy deposits 4000 into an account that pays simple interest at a rate of 6% per year. How much interest will she be paid in the first 4 years? Using our simple interest calculator, we get an accumulated value of 4,960 Interest Paid = Accumulated Value - Principal Interest Paid = 4960 - 4000...