Hi, re TY, please post so as Inquiry is placed in proper section. TY.

'What annual rate of interest would you have to earn on an investment of $2500

 to ensure receiving $152.50 interest after 1 year?'

In General 

A = Accumulated Amount = $2652.50

P= principal = $2500

r= annual rate = 

n= periods per year = 1

t= years =  1



  2650.50/2500 -1 = r

 r = .061  or 6.1%

 

RELATED QUESTIONS

What annual rate of interest would you have to earn on an investment of $5500 to ensure... (answered by rfer)

What annual rate of interest would you have to earn on an investment of 29000 dollars to... (answered by tommyt3rd)

What annual rate of interest would you have to earn on an investment of 37000 dollars to... (answered by rfer)

What annual rate of interest would you have to earn on an investment of $3000 to ensure... (answered by Fombitz)

What annual rate of interest would you have to earn on an investment of $4000 to ensure... (answered by Boreal,stanbon)

What annual rate of interest would you have to earn on an investment of $1500 to ensure... (answered by Boreal)

$700 simple interest was earned over 4 years on an investment of $2500. What was the... (answered by Nate)

Kevin earned $165 interest for 1 year on an investment of $1500.  At the same rate, what... (answered by askmemath)

Terry earned $165 interest for 1 year on an investment of $1500. At the same rate, what... (answered by Nate,stanbon)