Please use the method of equation!!
1.When will a sum of money double itself if simple interest is calculated at an interest rate of 5% p.a?
2.Susan deposits$7000 in a bank for 10 months.THe bank pays simple interest
at a certain interest rate per year.If Susan will get the amount of $7350at the end of the period,what is the interest rate per year?
3.Shirley deposits%6000 in a bank of interest rate of R% p.a.If the interest changes to5.5%p.a she will get$180 more,two years later.Find the value of R
4.Find the principal that will amount to $13156 after 73 days if wimple interest is calculated at an interest rate of 6% p.a.