hoose the correct option. Sarah was disappointed by the returns she got on investing in AO Bank. She wants to create her savings account in a new bank that pays a better interest rate of 3.5%. If she moves Rs. 2,500 to the new bank, how long will it take for her to earn Rs. 700 as interest? (Apply simple interest) Options 8 years 6 years 4 years 2 years

Mr Ong puts $4500 in a bank. The bank pays 3% interest each year. How much interest will Mr Ong earn after 1 year? Mr Ong will earn $ of interest after 1 year.

1) Rajiv deposited Rs.10,000 into a savings account that offers a simple interest rate of 6% per year. Ifhe keeps the money in the account for 3 years:a. Write the formula for finding the simple interest when the principal (P), rate (R), and time (T) aregiven.b. Calculate the total interest earned by Rajiv.c. Find the final amount in his savings account after the interest is added

How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?3.5 years4 years4.5 years5 years

Select the correct answerFind the simple interest on Rs. 800 at 7% per annum and on Rs. 700 at 16% p.a. and on Rs. 500 at 4% p.a. for 2 years.Options350476376367

After 88 years, Susan's account earned $900$⁢900 in interest. If the interest rate (in decimal form) is 0.10.1, how much did Susan initially invest?Susan's Bank StatementInterest Earned $900$⁢900Rate 0.10.1Time 88 YearsPrincipal Invested ?Step 3 of 3: Finally, solve the problem by substituting in the appropriate values. (Round your answer to 2 decimal places if necessary.)