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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 much interest would 3000 bring in 4 years at 7 percent?
To calculate the interest earned on $3,000 at a 7% annual interest rate over 4 years, you can use the formula for simple interest: Interest = Principal × Rate × Time. Plugging in the values: Interest = $3,000 × 0.07 × 4, which equals $840. Therefore, the total interest earned would be $840 over the 4-year period.
How much interest is earned on an account with with 3000 for 5 years compounded at an annual interest rate of 7.5?
To calculate the interest earned on an account of $3,000 compounded annually at an interest rate of 7.5% over 5 years, you can use the formula for compound interest: ( A = P(1 + r)^n ), where ( A ) is the amount after time ( n ), ( P ) is the principal, ( r ) is the interest rate, and ( n ) is the number of years. Plugging in the values, ( A = 3000(1 + 0.075)^5 \approx 3000(1.441) \approx 4323.43 ). The interest earned is approximately ( 4323.43 - 3000 = 1323.43 ). Thus, the interest earned after 5 years is about $1,323.43.
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
How much interest would 3000 bring in 4 years at 7 percent?
To calculate the interest earned on $3,000 at a 7% annual interest rate over 4 years, you can use the formula for simple interest: Interest = Principal × Rate × Time. Plugging in the values: Interest = $3,000 × 0.07 × 4, which equals $840. Therefore, the total interest earned would be $840 over the 4-year period.
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.
How much interest is earned on an account with with 3000 for 5 years compounded at an annual interest rate of 7.5?
To calculate the interest earned on an account of $3,000 compounded annually at an interest rate of 7.5% over 5 years, you can use the formula for compound interest: ( A = P(1 + r)^n ), where ( A ) is the amount after time ( n ), ( P ) is the principal, ( r ) is the interest rate, and ( n ) is the number of years. Plugging in the values, ( A = 3000(1 + 0.075)^5 \approx 3000(1.441) \approx 4323.43 ). The interest earned is approximately ( 4323.43 - 3000 = 1323.43 ). Thus, the interest earned after 5 years is about $1,323.43.
If the money rate of interest is 10 percent and the real rate of interest is 7 percent the inflationary premium is?
The inflationary premium can be calculated by subtracting the real rate of interest from the nominal interest rate. In this case, if the money rate of interest is 10 percent and the real rate is 7 percent, the inflationary premium is 10% - 7% = 3%. Therefore, the inflationary premium is 3 percent.
What percent is 1000 of 3000?
% rate = 1000/3000 * 100% = 33.33%
