Class VIII In how much time will the simple interest on $3,500 at the rate of 9% p.a be the same as simple interest on $4,000 at 10.5% p.a for 4 years? Time = t = 3.33 years. Time = t = 4.33 years. Time = t = 5 years. Time = t = 5.33 years. You deposit $1000 into a bank account and received $50 simple interest after 3 months. What had been the interest rate? The interest rate was 20% per year. The interest rate was 25% per year. The interest rate was 50% per year. The interest rate was 10% per year. Ryan bought $ 15,000 from a bank to buy a car at 10% simple Interest. If he paid $ 9,000 as interest while clearing the loan, find the time for which the loan was given. The loan was given for 6 years. The loan was given for 4 years. The loan was given for 8 years. The loan was given for 5 years. Steve invested $ 10,000 in a savings bank account that earned 2% simple interest. Find the interest earned if the amount was kept in the bank for 4 years. $900 $100 $800 $620 You deposit $12000 into a bank account paying 1.5% simple interest per month. You left the money in for 210 days. Find the interest earned and the amount. The interest is $1242.734 and the amount is $13242.734. The interest is $1242.734 and the amount is $1325.2546 The interest is $4212.734 and the amount is $13242.734. The interest is $1242.734 and the amount is $132.25 Do you really want to submit this quiz? Cancel Submit Quiz