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Ann borrowed 800 for 4 years The yearly interest was 16 percent How much interest did she owe after 4 years?
Wiki User
∙ 14y ago
8 x 16 x 4 = 512
Wiki User
∙ 14y ago
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How much is 5 years auto loan at 0.9 percent interest?
That would depend on the original principal (the amount you borrowed) and how they compute interest.
If 1100 is borrowed for 2 years at 9 percent simple interest how much interest is paid?
It is 1100*(2/100)*9 = 198
The clalisles borrowed 94000 to buy their first home the interest rate on their loan was 7.5 percent for 20 years how much interest will they have to paid after 20 years?
141,000
What is 100 compounded 5 percent yearly for 50 years?
1,146.74 The interest is $1046.74 and the principal is $100.
What is 3 percent of 100.00 per annum for 6 years?
If the 3% is "simple" interest, then the $100 earns an extra $18 in 6 years. If the interest is compounded yearly, then it earns $19.41 extra. If the interest is compounded weekly, then it earns $19.72 extra.
How much interest will 2000 earn at 5 percent over four years compounded yearly?
It earns 431.0125 . After 4 years, it has grown to 2,431.01 .
If 1100 is borrowed for 2 years at 9 percent simple interest how much interest is paid?
It is 1100*(2/100)*9 = 198
How much is 5 years auto loan at 0.9 percent interest?
That would depend on the original principal (the amount you borrowed) and how they compute interest.
The Carlisles borrowed 94000 to buy their first home The interest rate on their loan was 7.5 percent for 20 years How much interest will they have paid after 20 years?
141000
The clalisles borrowed 94000 to buy their first home the interest rate on their loan was 7.5 percent for 20 years how much interest will they have to paid after 20 years?
141,000
What is 100 compounded 5 percent yearly for 50 years?
1,146.74 The interest is $1046.74 and the principal is $100.
What is the total amount of money owed if 1250 was borrowed for four years at 3.5 interest?
What is the total amount of money owed if $1,250 was borrowed for four years at 3.5% interest?
What is 3 percent of 100.00 per annum for 6 years?
If the 3% is "simple" interest, then the $100 earns an extra $18 in 6 years. If the interest is compounded yearly, then it earns $19.41 extra. If the interest is compounded weekly, then it earns $19.72 extra.
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
156000 was borrowed for a home at 4.8 percent for 30 years 360 payments the monthly payment was 790.43 how much of the first payment is interest?
Interest for first month will be 1560 x 0.4 = 624;
What is the simple interest paid on 3000 pounds at 3.5 percent yearly after 5 years and how much if the interest was compounded showing work for both answers?
Simple interest of £3000 over 5 years: 3000*0.035*5 = £525 Compounded interest of £3000 over 5 years: 3000*(1.035)^5 -3000 = £563.06 rounded to the nearest penny
How much would you repay the bank if you borrowed 7900 at 4.3 percent annual interest for 6 years?
9,938.20 * * * * * That would be correct only if banks charged simple interest as opposed to compound interest. Anyone believe that likely? The correct answer, when interest is compounded, is 7900*(1.043)6 = 10170.28
