Find the rate percent per annum

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Q1. What sum of money will produce $28600 interest in 3 years and 3 months @ 2.5% p.a. SI?

Q2. Sonia invested $ 70,000 in a bank @ 6.5% p.a. SI. He received $ 85,925 after the end of term. Find out the period for which sum was invested by Sonia.

Q3. A sum of $ 46,875 was lent out at SI and at the end of 1year 8 months the total amount was $50,000. Find the rate percent per annum.

Q4. At what rate percent per annum will a sum of money triple itself in 20 years?

Reference no: EM133088728

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