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Investment of $3000 at 16% simple interest for 2 years

Investment of $3000 at 5% simple interest for 20 years

Investment of $1000 at 16% simple interest for 20 years

Solution:

(1) Investment of $3000 at 5% simple interest for 20 years

Simple interest 1 = $3000

(2) Investment of $3000 at 16% simple interest for 2 years

Simple interest 1 = $960

(3) Investment of $1000 at 16% simple interest for 20 years

Simple interest 1 = $3200

Order from least interest amount to greatest interest amount:

$960 < $3000 < $3200

Investment of $3000 at 16% simple interest for 2 years

Investment of $3000 at 5% simple interest for 20 years

Investment of $1000 at 16% simple interest for 20 years