Interest and Commission

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In this activity, your understanding about interest and commission will be assessed.

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Relacionar Columnas Interest and CommissionVersión en línea In this activity, your understanding about interest and commission will be assessed. por YAHWE GIBERTAS 1 A total of $1,200 is invested at a simple interest rate of 6% for 4 months. How much interest is earned on this investment? 2 A 2-year loan of $500 is made with 4% simple interest. Find the interest earned. 3 Mrs. Jefferson purchased an antique statue for $450. Ten years later, she sold this statue for $750. If the statue is viewed as an investment, what annual rate did she earn? 4 What is the value of an investment of $3,500 after 2 years if it earns 1.5% compounded quarterly? 5 Tiffany makes a base monthly salary of $3600. As a vendor, she must sell $17000 worth of items per month. She also makes a 5% commission on all sales beyond the monthly quota. If Tiffany sold $23800 worth of items this month, what is her total salary for the month including base salary and commission to the nearest dollar? 6 A business takes out a simple interest loan of $10,000 at a rate of 7.5%. What is the total amount the business will repay if the loan is for 8 years? 7 haron makes money by commission rates. She gets 17% of everything she sells. If Sharon sold $37000 worth of items this month, what is her salary for the month? 8 Jose makes 10000 a month plus some money by commission rates. He gets 6% of everything he sells. If Jose sold $59000 worth of items this month, what is his salary for the month? 9 An investment earns 3% compounded monthly. Find the value of an initial investment of $5,000 after 6 years. $13540 $24 $16,000 $3,606.39 5.24% $6290 $40 $3940 $5,984.74

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Interest and CommissionVersión en línea

In this activity, your understanding about interest and commission will be assessed.

por YAHWE GIBERTAS

A total of $1,200 is invested at a simple interest rate of 6% for 4 months. How much interest is earned on this investment?

A 2-year loan of $500 is made with 4% simple interest. Find the interest earned.

Mrs. Jefferson purchased an antique statue for $450. Ten years later, she sold this statue for $750. If the statue is viewed as an investment, what annual rate did she earn?

What is the value of an investment of $3,500 after 2 years if it earns 1.5% compounded quarterly?

Tiffany makes a base monthly salary of $3600. As a vendor, she must sell $17000 worth of items per month. She also makes a 5% commission on all sales beyond the monthly quota. If Tiffany sold $23800 worth of items this month, what is her total salary for the month including base salary and commission to the nearest dollar?

A business takes out a simple interest loan of $10,000 at a rate of 7.5%. What is the total amount the business will repay if the loan is for 8 years?

haron makes money by commission rates. She gets 17% of everything she sells. If Sharon sold $37000 worth of items this month, what is her salary for the month?

Jose makes 10000 a month plus some money by commission rates. He gets 6% of everything he sells. If Jose sold $59000 worth of items this month, what is his salary for the month?

An investment earns 3% compounded monthly. Find the value of an initial investment of $5,000 after 6 years.

$13540

$24

$16,000

$3,606.39

5.24%

$6290

$40

$3940

$5,984.74

Interest and Commission

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Interest and Commission

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Interest and CommissionVersión en línea

por YAHWE GIBERTAS

A total of $1,200 is invested at a simple interest rate of 6% for 4 months. How much interest is earned on this investment?

A 2-year loan of $500 is made with 4% simple interest. Find the interest earned.

Mrs. Jefferson purchased an antique statue for $450. Ten years later, she sold this statue for $750. If the statue is viewed as an investment, what annual rate did she earn?

What is the value of an investment of $3,500 after 2 years if it earns 1.5% compounded quarterly?

A business takes out a simple interest loan of $10,000 at a rate of 7.5%. What is the total amount the business will repay if the loan is for 8 years?

haron makes money by commission rates. She gets 17% of everything she sells. If Sharon sold $37000 worth of items this month, what is her salary for the month?

Jose makes 10000 a month plus some money by commission rates. He gets 6% of everything he sells. If Jose sold $59000 worth of items this month, what is his salary for the month?

An investment earns 3% compounded monthly. Find the value of an initial investment of $5,000 after 6 years.