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Related Questions
How much interest will be earned if 20000 is deposited in a bank at 6 percent interest?
6 ÷ 100 × 20000 = 1200
How much interest is earned for the investment for 20000 for 2 years at 6 percent compounded annually?
Total value = 20000*(1.06)2 = 22472 So interest = 2472
If you invested 20000 dollars for five years at 3 point 05 percent interest then how much would you make the first year?
700
How much interest will 20000 earn in two years if invested at 6 percent compounded semiannually?
$5,249.54
If you deposit 20000 in a savings account at 9.1 percent interest per year how much will you have in 17 years?
50,940 dollars
A bank lent 20000 with interest calculated at 5 percent per year for 2 years How much would the borrower repay?
20,000 + 2(0.05)(20,000) = 22,000
How much is interest on 20000 at 3 percent?
Oh, dude, you're hitting me with some math now? Alright, so if you have $20,000 and the interest rate is 3 percent, you'd earn $600 in interest. But hey, who's counting, right? Just throw that number in the bank and watch it grow... slowly.
How much is 8 percent of 20000?
1600
How much is 20 percent of 20000?
4000 !
How much is 25 percent of 20000 dollars?
5000 dollars
How much is 3 percent of 20000?
3% of 20,000 is 600
How much interest would you receive for 2000 at 1 percent interest rate for 1 year?
1 percent of 2,000 is 20 .
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