Tom invested $ 35 000 in Bank Alpha at a simple interest of 7% per annum. What is the interest that he will get back at the end of 4 years?FEEDBACK ASSISTANTFeedback Assistant - Mathematics will provide marks and feedback for this question MARKS[2]SAVE AS DRAFTSUBMITQ5WONG KWONG LUNG saved as draft on 07 Aug 2024 10:08 PMFEEDBACK ASSISTANTFeedback Assistant - Mathematics will provide marks and feedback for this question

Aman invested Rs 25,000 in a fixed deposit with a simple interest rate of 3.75%. How much interest will he earn after 4 years?Options3250395037504150

Paula has a client who wants to invest into an account that earns 4% interest, compounded annually. The client opens the account with an initial deposit of $4,000, and deposits an additional $4,000 into the account each year thereafter.Assuming no withdrawals or other deposits are made and that the interest rate is fixed, the balance of the account (rounded to the nearest dollar) after the eighth deposit is __________.a.)$188,247b.)$102,713c.)$36,857d.)$40,969

Julio invests $6,100 into an account that earns 5.2% annual compound interest. If Julio makes no additional deposits or withdrawals, which best represents the amount of interest Julio will earn after 8 years?

Mr. Lee has two fixed deposit accounts, one yielding 3% interest per year and the other 7% interest per year.If he has a total of $100,000 deposits and in a year his total interest is $4,500, how much money did he put into the 7% interest deposit?Note: Use the algebraic approach.Let the amount of money in the account with a yield of 7% = $p

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