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Investing 450.00 at 3.5 percent annual interest or 400.00 at 4.5 percent annual interest What is the difference in the amount of interest that could be earned?
2.25
Lance is thinking about investing 450 at 3.5 percent annual interest or 400 at 4.5 percent annual interest What is the difference in the amount of interest Lance could earn?
First choice 15.75, second 18.00, so better by 2.25 a year
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 a 4 percent difference on a mortgage?
4% difference on the interest rate of the mortgage. IE: One mortgage could be 7% and the other could be 3% so there is a 4% difference in the interest rate of the two mortgages.
Difference between 5 percent and .5 percent in interest rate?
5% = 5/100 = 0.05 0.5% = 0.5/100 = 0.005 So the difference is 0.05-0.005 = 0.045
How much is 3 percent interest on 150000?
3 percent interest on 150000 is 4500.
Mike needs help in choosing whether he should invest 650 at 4.9 percent for one year or 500 at 5.0 percent interest for one year What is the difference in the amount of interest Mike could earn betwee?
6.85
What is 10 percent interest of 999?
Interest is 99.9
The difference between the simple and compound interest on a certain sum is Rs250 for two years at 5 percent Pa per annum Find the sum?
simple interst is when you earn interest from your principal but compound interest is when you earn interest from your principal as well as from your previous interest
How musch is an interest on a 2.5 billion dollar loan?
It depend on the interest of the loan some have a 0 percent interest all the way up to a 0.3 percent interest!
What is the difference between 75 percent and 85 percent?
there is a ten percent difference.
What is the percent difference between 96 percent and 94.1 percent?
1.9989% difference.
