Summit invested $5561 at 1.7% p.a.

Calculate the amount of simple interest earned for 5 months. 2. Juliana invested $1350 at a rate of 4.50% p.a. simple interest. How many COMPLETE days will it tak1. Summit invested $5561 at 1.7% p.a.

Calculate the amount of simple interest earned for 5 months. 2. Juliana invested $1350 at a rate of 4.50% p.a. simple interest. How many COMPLETE days will it take for her investment to grow to $1400?

How much did Phillip invest for 18 months if his investment was worth $13596.76 at the end of the investment period. The simple interest rate was 4.3% p.a. 4. Find the future value of $5165 borrowed at 6.60% pa. from March 22, 2021 to August 18, 2021. 

What rate of interest was being earned if an investment of $57553 earned $1366.89 simple interest between November 22, 2020 and October 2, 2021?

Answer rating: 100% (QA)

1 To calculate the amount of simple interest earned for 5 months on an investment of 5561 at a rate of 17 pa you can use the formula Simple Interest P... View the full answer