14
1000*(1.08)6 = 1586.87.
Among other things, it refers to a payment you make to borrow money. For example, you borrow 1000 dollars, and after a while, you pay back the 1000 dollars, plus an additional amount. This additional amount is called the "interest".
60,000
75
The annual interest is 150 Add this to your originial investment and you have 1,150
1000*(1.08)6 = 1586.87.
1000+2.50 percent
Among other things, it refers to a payment you make to borrow money. For example, you borrow 1000 dollars, and after a while, you pay back the 1000 dollars, plus an additional amount. This additional amount is called the "interest".
60,000
62
75
The annual interest is 150 Add this to your originial investment and you have 1,150
The interest that Cash Net charges depends on the amount of the loan (how much you borrow, i.e., $100 vs $1000) and the duration of the loan (for how long you borrow, i.e., 1 week vs 1 month).
Simple interest = 1000 * 5/100 * 3 = 150
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.
200 intrest