(a) $855 simple interest was paid when $4500 was invested at 4.75% per annum.Determine the period of investment.(b) Mrs. Woods borrowed a sum of money from a bank at 12.5% per annum for 6 yearsand paid $6375 simple interest. Calculate the sum of money mrs. Wood borrowedfrom the bank.(c) The simple interest on $15 000 for years is $4950. Calculate the rate percent perannum.

1. 500 was invested at 12% per annum simple interest and a certain sum of money invested at 10% per annum simple interest. If the sum of the interest on both the sum after 4 years is 480, the latter sum of money is ?450 750 600 550

Mr. Singh invested $9 840 in a bank for 5 years and received $5 141.40 simple interest.Calculate the rate percent per annum that his investment achieved

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

$4 353.75 simple interest was collected when $12900 was invested at 6.75% per annum.Calculate the number of years for which the principal was invested

Raj had a total of 24000 rupees. He invested one-third of his share at the rate of 12 percent per annum simple interest for 2 years. He invested 20 percent of the remaining amount at the rate of 10 percent per annum compound interest for 3 years and deposited the remaining amount at 15 percent per annum in a fixed deposit (compound interest) of a bank for 2 years. Find the total interest received by him.Question 23Answera.Rs. 7021.6b.Rs. 7107.2c.Rs. 7607.2d.Rs. 7461.6