The interest of a simple interest investment or loan can be computed with the formula I= Prt. The end amount of a simple interest investment or loan can be computed with the formula A = P(1+rt). Use these formulas to evaluate the amounts indicated below. Let P $2,400, r = 8.2%, and t = 7 years. Determine the interest, I, at the end of 7 years for a simple interest loan. Interest S dollars - Let P $5, 100, r = 6.7%, and t years for a simple interest loan. End Amount = S = 5 years. Determine the total end amount, A, at the end of 5 Question 2 < 2 Textbook Chapter 6 - View and print as needed Calculator Resource: Desmos Scientific Calculator ccess ccess vas LAN over and Cal Maria invests $12,000 at 3% simple interest for 15 years. Round your answers to the nearest cent. How much interest is earned over the 15 year period? $ How much is in the account at the end of the 15 year period? S Question Help: Video Worked Example 1 Message instructor Submit Question Q Search Progress saved 2 ught House Medic... USAA Claim Status Claimant Homepage Homework Assignment: Module 6 - Simple Interest Score: 0/34 0/6 answered Question 3 Textbook Chapter 6 - View and print as needed Calculator Resource: Desmos Scientific Calculator Progress saved Done Success y uccess nvas Maria invests $14,000 at 8% simple interest for 48 years. How much is in the account at the end of the 48 year period? Round your answer to the nearest cent. Answer: $ Question Help: Video Worked Example 1 Message instructor Submit Question PLAN cover and cal Q Search 0/3 pts Light House Medic... USAA Claim Status Claimant Homepage Homework Assignment: Module 6 - Simple Interest Score: 0/34 0/6 answered Question 4 Textbook Chapter 6 - View and print as needed Calculator Resource: Desmos Scientific Calculator teSuccess for $ c Success rary Canvas tePLAN 65 Discover ing and ogical How much should you invest at 3.3% simple interest in order to earn $50 interest in 10 months? Question Help: Video Message instructor Submit Question Q Search Progress saved Done 0/5 pts 2024 e ox (317)-brejhonneur X 0 0 McAfee Security LastPass password... x XYZ Homework Accela Citizen Access Light House Medic... USAA Claim Status Claimant Homepage ules bus torU es Homework Assignment: Module 6 - Simple Interest Score: 0/34 0/6 answered Question 5 Textbook Chapter 6 - View and print as needed Calculator Resource: Desmos Scientific Calculator 2 Progress saved Done 081 oyoteSuccess ers for How much would you need to deposit in an account now in order to have $3000 in the account in 10 years? Assume the account earns 8% simple interest. Round your answer to the nearest cent. emic Success S Library ent Canvas Question Help: Video 1 Video 2 Message instructor Submit Question 5 oyote PLAN ce 365 tt Discover seling and hological ice Q Search 0/5 pts 3 Success Homework Assignment: Module 6 - Simple Interest Score: 0/34 0/6 answered Question 6 > Textbook Chapter 6 - View and print as needed Calculator Resource: Desmos Scientific Calculator 2 E USAA Claim Status Claimant Homepage Progress saved Done E 6 0- How much would you need to deposit in an account now in order to have $4000 in the account in 5 years? Assume the account earns 6% simple interest. Round your answer to the nearest cent. r Success $ y anvas PLAN .cover g and gical Question Help: Video 1 Video 2 Message instructor Submit Question Q Search hp 0/5 pts 399 C