1091 (A)
Interest earned on the principal only.
Simple Interest
Amount of money borrowed or amount of money deposited in a savings account.
Principal
A written promise to repay, with interest, money invested in a government or corporation.
Bond
Which amendment to the Constitution legalized the income tax?
16th Amendment
What is the formula in finding the volume of rectangular prism?
V= lwh
What is the formula in finding the total amount to repaid on the loan.
S= P + i
What is the formula in finding the interest on a loan?
I= P x r x t / Prt
What is the main factor affecting the market price of a bond?
Supply and Demand
What are the two ways to calculate the withholding tax?
percentage method and tax table method
What formula is to be used in finding the distance?
d= rt
A lone was made on June 13 and was paid back on October 27. How many days should be used in figuring the interest?
136 days
Mr. R.E. Lovejoy deposited thirteen quarters, seven dimes, eleven nickels, and fifty-seven pennies. How much is the total deposit of Mr. Lovejoy?
$ 5.07
What is the year of maturity of this Bond Quote, " An Can 7s 93 98" ?
1993
If a sales tax of 3 1/2% was charged on a purchase of $478.19, how much tax would be charged?
$16.74
Find the value of x in the equation, 2x+3= 25?
x= 11
Find the interest and the total amount on $150.00 at 8 % for 60 days.
$152.00
Find the semiannual interest of Mr. Loyalton if he deposited $ 1,400.00 in a savings account earning 4% interest rate.
$28.00
Calculate the semiannual interest of the $1,000 bond at the rate of 8%.
$40.00
What are the property taxes on a house assessed at $12,500 when the tax rate is $3.50 per $100 of assessed value?
$437.50
A number plus 25 is equal to 132. Find the value of x.
x= 107