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A loan at 6 percent interest over 5 years What is the total output?
Wiki User
∙ 13y ago
If the interest is simple interest, then the value at the end of 5 years is 1.3 times the initial investment.
If the interest is compounded annually, then the value at the end of 5 years is 1.3382 times the initial investment.
If the interest is compounded monthly, then the value at the end of 5 years is 1.3489 times the initial investment.
Wiki User
∙ 13y ago
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How much have the interest rates on mortgages changed in the last five years?
Five years ago, the interest rates on mortgages was only at 0.5 percent. As of today, interest rate on mortgage soared to 2.5 percent. That is 500 percent increase for the past five years.
What is monthly interest payment on a 10000 loan for 5 years at 9.5 percent interest?
79.17
Rolex borrowed 3200 from his credit union for 4 years he was charged 9.8 percent simple interest what was his total amount he owed the credit union?
34
What is the interest rate in the UK?
According to "The Telegraph," the UK interest rate is currently at 0.5 percent. "The Telegraph is also predicting that the interest rate will remain at 0.5 percent for the next 4 years.
What is the simple interest on a loan of 5700 at 5.3 percent for 4.5 years?
1359.45
How do you solve compound interest on c language easily?
sg like this: input= 100.0; years= 7; percent= 4; output = input * pow (1.0 + percent/100.0, years);
Total payback on a 96.73 loan for 2 years at 7 percent interest?
110.27
After 6 years what is the total amount of a compound interest investment of 35000 at 4 percent interest compounded quarterly?
$44,440.71
What is the interest on R528 at 7 percent simple interest over 2 years?
7% simple annual interest over 2 years = 14% total interest.14% of R528 = R73.92 .
How do you calculate interest on 250.00 at 4 percent for 3 years?
Total = 250(1+i)3 Total = 250(1.124864) Total = 281.216 Interest = 281.216-250 = 31.216
What is the simple interest on a 2500.00 loan at 11 percent interest for 3 years?
Total simple interest = 2500*11/100*3 = 825
Roberto has a mortgage of 89500 at 8.5 percent for 20 years Find the total interest?
$96,946.40
How much interest is earned for 2 years 20.000 6 percent?
Total = 20(1+i)n Total = 20(1.1236) Total = 22.472 Interest accumulated = 22.472 - 20 = 2.472
If you invest 6000 dollars today ata nine percent interest rate what is the amount of interest after thirty years?
The total interest would be 73606.07 dollars, approx.
How much interest if you borrow 2000 at a rate of 6 percent for 2 years?
if its simple interest: I = prt = 240 the total money to be returned is 2240
How much interest when you Borrow 492.18 at 10 percent pa compounded monthly over 9 years?
The total interest will be 1160.53 units of currency.
Juan deposited 200 in a savings account earning 3 percent interest over 2 years What was the total amount of interest earned after 2 years?
Interest for 1st year = $6 Principal after 1 year = $206 Interest for 2nd year = $6.18 Principal after 2 year = $212.18 Total Interest earned after 2 years = $12.18
