Simple and Compound Interest

Compute the amount of interest earned in the following simple interest problem. A deposit of $4,500 at 5% for 3 years is $

675.00

Compute the amount of interest earned in the following simple interest problem. A deposit of $500 at 4.8% for 5 years is $

120.00

Compute the amount of interest earned in the following simple interest problem. A deposit of $295 at 7% for 270 days is $

15.49

Compute the amount of interest earned in the following simple interest problem. A deposit of $100 at 8% for 20 years is $

160.00

Compute the amount of interest earned in the following simple interest problem. A deposit of $800 at 3.5% for 7 years is $

196.00

Compute the amount of interest earned in the following simple interest problem. A deposit of $10,000 at 9.5% for 90 days is $

237.50

Compute the amount of interest earned in the following simple interest problem. A deposit of $3,000 at 10% for 1 year is $

300.00

Compute the amount of interest earned in the following simple interest problem. A deposit of $1,600 at 6% for 180 days is $

48.00