menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    Contemporary Business
  4. Exam
    Exam 7: Simple Interest
  5. Question
    In How Many Months Will $5 000 Grow to $6
Solved

In How Many Months Will $5 000 Grow to $6

Question 6

Question 6

Essay

In how many months will $5 000 grow to $6 000.00 at 9.5% p.a.?

Correct Answer:

verifed

Verified

Interest: I = 6000.00 - 5000.0...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: What sum of money will accumulate to

Q4: Determine the exact time between January 30,

Q7: Determine the number of days it will

Q13: Find the maturity value of $832.00 invested

Q35: In how many months will $9100.00 grow

Q59: How many months will it take $639

Q69: A loan of $4100 is to be

Q77: Find the amount of interest on $635.00

Q98: Calculate the amount of interest if $2000.00

Q130: What is the present value of $9700.00

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines