0
That depends on exactly how the interest is calculated. If its calculated once per year the answer would be:
3000 * 16 = 48.000 / 100 = 480,-
If your interest is calculated per month or per 3 months the interest is going to be slightly more.
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∙ 14y ago
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What is the principal balance if the principal plus interest at the end of 1 and a half years is 3360 at an annual interest rate of 8 percent?
3000
Julia invested 3000 at an annual interest rate of 5 percent. From last year to this year there has been a 4 percent inflation rate. After a year the purchasing power of her investment?
rose by 1 percent
How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?
3000
How do you find interest rate?
To find interest rate you multiply the price by the time by the percent
What is the monthly interest rate if the annual interest rate is 18 percent?
1.5% monthly
What is 3000 over 4 as a percent?
% rate = 75000%= 3000/4 * 100%= 750 * 100%= 75000%
What is the principal balance if the principal plus interest at the end of 1 and a half years is 3360 at an annual interest rate of 8 percent?
3000
Julia invested 3000 at an annual interest rate of 5 percent. From last year to this year there has been a 4 percent inflation rate. After a year the purchasing power of her investment .?
rose by 1 percent
Julia invested 3000 at an annual interest rate of 5 percent from last year to this year there has been a 4 percent inflation rate after a year the purchasing power of her investment?
rose by 1 percent
Julia invested 3000 at an annual interest rate of 5 percent. From last year to this year there has been a 4 percent inflation rate. After a year the purchasing power of her investment?
rose by 1 percent
How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?
3000
If you save 3000 at an interest rate of 14 percent per year how much will you have at the end of six years?
If the interest is compounded then you would have 6584.91
What is the average interest rate for a small business loan?
The interest of a small business loan depends on the size of the loan. For loans under $100 000 the interest rate is seven to eight percent and for loans over $100 000 the interest rate is six to seven percent.
What percent is 1000 of 3000?
% rate = 1000/3000 * 100% = 33.33%
What percent of 64999 is 3000?
% rate:= 3000/64999 * 100%= 0.0462 * 100%= 4.62%
How do you find interest rate?
To find interest rate you multiply the price by the time by the percent
What is the monthly interest rate if the annual interest rate is 18 percent?
1.5% monthly
