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How much must be placed in a five-month term deposit earning 4.4 percent simple interest in order to earn 510 interest?
Wiki User
∙ 12y ago
Assuming the 4.4% is per annum, the calculation, where p is the amount of the deposit, your equation is
5/12 x 4.4/100 x p = 510
= 27,818 to the nearest whole number
Wiki User
∙ 12y ago
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What is the balance on a deposit of 1200 earning 9.5 percent interest compounded semiannually for 10 years?
9.5% semi-annually = 19.9025% annually.After 10 years 1200*(1.199025)^10 = 7369.93
If you deposit 10000 on 3 percent interest what would it be weekly?
$5.77
How much money is ten percent interest?
It's 1/10th of the amount you put in. The more you deposit or invest, the more interest you get.
Ryan wants to place 700 into a savings account for five years He wants to deposit 400 at 4.0 percent interest and the rest in another account at 6.5 percent interest What would his amount of interest?
177.50
You deposit 300 today 500 one year from now and 600 four years from now into an account that earns 8 percent compounded annually How much money will you have 7 years from now?
Assuming you deposit the money on the first day of each year you will have 2,124 from the 1,400 you'd deposited earning a total of 724 interest
What is the balance after 8 years on a deposit of 500.00 earning 7 percent interest compound semiannually?
(1.035)16 = 1.73398604 $500 ===> $866.99 (rounded)
What is the balance on a deposit of 1200 earning 9.5 percent interest compounded semiannually for 10 years?
9.5% semi-annually = 19.9025% annually.After 10 years 1200*(1.199025)^10 = 7369.93
If you deposit 10000 on 3 percent interest what would it be weekly?
$5.77
How can find interest percent in Rs100000?
First find out what the interest rate is from the money lender or deposit taker.
How much money is ten percent interest?
It's 1/10th of the amount you put in. The more you deposit or invest, the more interest you get.
How much will you get in a year if you deposit 100 dollars with at a 6 percent interest rate?
6 dollars.
Ryan wants to place 700 into a savings account for five years He wants to deposit 400 at 4.0 percent interest and the rest in another account at 6.5 percent interest What would his amount of interest?
177.50
What does an interest rate of 9.45 percent mean?
For every 100 squarzels you deposit, at the end of a year you get 9 squarzels and 45 ktuglas added to your deposit.
Shaun wants to split his 500 into two accounts He wants to deposit 125 at 4.9 percent interest in one account and the rest at 5.0 percent interest in another account?
24.88
You deposit 300 today 500 one year from now and 600 four years from now into an account that earns 8 percent compounded annually How much money will you have 7 years from now?
Assuming you deposit the money on the first day of each year you will have 2,124 from the 1,400 you'd deposited earning a total of 724 interest
What is the interest on a 1750000 deposit at 9.5 percent rate a year?
It depends whether the interest is compound or not. However, if the interest is credited at the end of the first year, you would have 166250 interest at 9.5%
The impact a 5 percent increase in interest rates would have on people?
The impact is two fold - one for people who avail loans and the other for people who make deposits. For loan customers - increased interest rate means higher monthly payments on loan EMI For Deposit Customers - increased interest rate means higher earning on their deposits with the bank.
