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How much interest is earned on a principle of 1500 at 6.3 percent for 5 years?
Wiki User
∙ 13y ago
472.5 i converted 6.3% to .063. multipled that by 1500 to find 6.3% of 1500 and multipled this by 5
Wiki User
∙ 13y ago
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How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
What is the simple interest earned on an investment of 350 at 2.5 percent for 5 years?
350*0.025*5 = 43.75
After 2 years Deion earned 270 in simple interest from a CD into which he initially deposited 6000. What is the annual interest rate of the CD?
2.25 percent apex
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 7558.20 in interest was earned after 12350 was invested at a simple interest rate of 7.65. How long (in years) was the money invested?
It was eight years.
If you have an account with an annual simple interest rate of 2.1 percent. You have a principle of 450.00. calculate your interest and your principle for two years?
18.90currency as an interest..
If you have an account with an annual simple interest rate of 2.1 percent. You have a principle of 450.00 calculate your interest and your principle for two years?
18.90 as an interest. and principle wil remain same.
How much interest will be earned on an investment of 8000 at 10 percent simple interest for 3 years?
$2400
How much interest is earned for 1 years 20000.00 at 2 percent?
400.
How many years in investing would it take to double your principle?
If the interest rate was eight percent, it would take about 9 years to double your principle.
What is 3 percent of 300000 over 30 years?
If the interest is simple interest, then the 300,000 earns an additional 270,000 in 30 years (on top of the principle). If the interest is compound interest paid annually, then the 300,000 earns an additional 428,178.74 in 30 years (on top of the principle).
How many simple interest will be earned on 320 saved for four years at twelve percent and a half interest?
It will be 160.
How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?
3000
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
Invested 1550 at 6.5 percent interest earned 302.25 interest after t years What is the value of t?
T = 3yrs
Find the simple interest earned after 5 years on an investment of 2000 at 3.2 percent?
320
How many years would it take to double 100 if it earned 7.75 percent interest per year?
10 years
