0%
0 / 2 answered
DSQ: Calculating simple interest Practice Test
•2 QuestionsQuestion
1 / 2
Q1
Today, I put 
in a bank account which promises me a fixed interest rate for 
years. How much simple interest (in dollars) have I earned after 
years?
(1) I have 
in my bank account after year 
.
(2) The annual interest rate is 
.
Today, I put
(1) I have
(2) The annual interest rate is
in bonds and certificates. The bonds earn 
interest per year. The certificates earn 
interest per year. At the end of the year, John earns a total of 
as interest. What amount of money did John invest in bonds?
.
.