Solved

A Five-Month Term Deposit of $10,000 at the Scotiabank Earned

Question 34

Short Answer

A five-month term deposit of $10,000 at the Scotiabank earned $175 in interest. What annual rate of simple interest did the deposit earn?

Related Questions

Q29: A $10,000 90-day term deposit earns 4.5%

Q30: What annual rate of interest was earned

Q31: How much money would I have to

Q32: Nine months ago, Muriel agreed to pay

Q33: Dominion Contracting invested surplus funds in term

Q35: If $3702.40 earned $212.45 interest from September

Q36: $5000 was borrowed at 9½ % on

Q37: What amount received on January 13 is

Q38: How much interest accrued from November 30,

Q39: Determine a) whether the earlier or later