Purchase Solution

Finding the simple interest and the balance of a account.

Not what you're looking for?

Ask Custom Question

Find the simple interest and the balance of the account.

$1000 at 3% for 6 months

Purchase this Solution

Solution Summary

Simple interest and the balance of an account.

Solution Preview

The Simple interest is given by the formula

SI = Principal * ...

Purchase this Solution


Free BrainMass Quizzes
Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.