6947.91 will be sufficient.
1500
18750
5 yrs @ 7% = 35% in total. 35% of 15000 = 35 x 150 = 5250
15000 = 15000/1
15% of 15,000= 15% * 15000= 0.15 * 15000= 2,250
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
1500
18750
waht is the paymentwaht is the paymentTo payoff 15000, in 72 months with a interest rate of 10%,if would cost you $277.88 per monthsource:http://www.estimatepension.com/amortization-Schedule-Calculator.aspx
5 yrs @ 7% = 35% in total. 35% of 15000 = 35 x 150 = 5250
Toyota supra veilside or cobra jet powered torino I'm fourteen and I have these so get one
1257
The formula for interest is I = rtP. Then r = I/tP, where t = 11/12. This calculates to a simple interest rate of 8.8 percent.
It depends on how often it is compounded. I'll figure monthly for you. If you invested 15000 for 6 years, at the end of 6 years it would be worth $20235.27
Since this is a short-term investment, you probably don't want to put your money "at risk" of going down. Try a high-yield Internet savings account. Click on the link for one that is currently paying 3% (variable, as on 6/2008). This will earn you about $112 on your money for the 3 months.
You invested $15,000 in two accounts paying 6% and 8% annual interest, respectively.
15000 = 15000/1