# Find the interest earned on an investment with a principal = \$200, interest rate = 6% per year... ect.?

Question : Find the interest earned on an investment with a principal = \$200, interest rate = 6% per year, and time = 3 years \$236 \$238.20 \$36 \$560 2. Question : Find the interest earned on an investment with a principal = \$880, interest rate = 3 % per year and... show more Question :

Find the interest earned on an investment with a principal = \$200, interest rate = 6% per year, and time = 3 years

\$236

\$238.20

\$36

\$560

2. Question :

Find the interest earned on an investment with a principal = \$880, interest rate = 3 % per year and time = 9 months.

\$19.80

\$899.80

\$237.60

\$2,376

3. Question :

Find the balance on a deposit of \$455 that earns 4% interest compounded annually for 2 years.

\$36.40

\$491.40

\$492.13

\$819

4. Question :

Find the balance on a deposit of \$15,400 that earns 8% interest compounded semiannually for 3 years.

\$19,485.91

\$19,399.56

\$17,322,06

\$3,696

5. Question :

Find the balance on a deposit of \$3,000 that earns 12% compounded annually for 4 years.

\$4,720.56

\$4,781.54

\$1,440

\$4,440

6. Question :

Find the balance on a deposit of \$55,000 that earns 2.5% simple interest for 1 year.

\$1,375

\$13,750

\$68,750

\$56,375

7. Question :

Find the balance on a deposit of \$15,600 that earns 10% compounded semiannually for 3 years.
:
\$20,905

\$4,680

\$2,076

\$3,636

8. Question :

Find the balance on a deposit of \$1,500 that earns 9% interest compounded annually for 3 years.

\$1,905

\$1,942

\$1,953

\$405

9. Question :

Find the balance on a deposit of \$900 that earns 8% simple interest for 3 months

\$918

\$1,133

\$216

\$1,116

10. Question :

Explain the difference between simple interest and compound interest.

*** I know that I need to do my own homework, But This is during the end of the semester and I need to get my grade up to an 'A' . Please help and please dont post comments like " Do ur own homework!"