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Kelvin wants to know how much simple interest he would make in 5 years on the amount of 250.25 at 5.4 percent interest?
Wiki User
∙ 13y ago
it would be 5.4*5 = 27 %
27% of 250.25 = 67.5675
Wiki User
∙ 13y ago
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Calculate the simple interest on the amount of 550.00 at 7 percent for 1 year?
The simple interest on the amount of $550.00 at 7 percent for one year would be $38.50. To reach the answer, multiply 550 by .07 which equals 38.50.
Calculate the simple interest on the amount of 567.23 at 5 percent for two years?
56.72
Simple interest on the amount of 550.00 at 7 percent for 1 year?
It is 38.5 units.
How do you find the percent paid on interest?
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
If the principal on a loan is 2455 and the interest rate is 3 percent and the simple interest amount is 441.90 how long will it take?
6 years
What is the simple interest on 642 for 7 years at 11 percent per annum?
$494.34 Interest= principal amount * time* simple interest %
Calculate the simple interest on the amount of 550.00 at 7 percent for 1 year?
The simple interest on the amount of $550.00 at 7 percent for one year would be $38.50. To reach the answer, multiply 550 by .07 which equals 38.50.
What is the amount of the simple interest on a 2000 loan at 6 percent interest for 2 years?
It is 240 currency units.
Simple interest on the amount of 550.00 at 7 percent for 1 year?
It is 38.5 units.
Calculate the simple interest on the amount of 567.23 at 5 percent for two years?
56.72
How is simple interest simalar to percent?
Simple interest is determined by multiplying the interest rate by the principal of the number of periods. Where, P is the loan and the amount is usually expressed as an annualized percentage.
What rate of simple interest is needed for 1000 to double in 3 years?
331/3 percent simple interest will double any amount in 3 years.
How do you find the percent paid on interest?
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
What is the principal amount which earns Rs24 as simple interest for 3 years at 10 percent interest per annum?
Rs 80.
If the principal on a loan is 2455 and the interest rate is 3 percent and the simple interest amount is 441.90 how long will it take?
6 years
Kevin wants to know how much simple interest he would make in five years on the amount of 250.25 at 5.4 percent interest?
67.57
How much time will it take for an amount of rs450 to yield rs81 as interest at 4.5 percent per annum of simple interest?
5 years
