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what is 5% of 16000

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Q: What is 5 percent interest on 16000 pound loan?
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Wanda took out a personal loan for 16 000 at 9 percent simple interestHow much interest will she pay after 5 years?

Total interest paid in 5 years = 5*16000*0.09 = 7200


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!


20000.00 loan for 50 days at 6 percent interest?

The answer is 1200.00 dollars in interest on that loan of 20000.00 for 50 days at 6 percent interest.


What is an example of an inexpensive loan and a medium price loan and a expensive loan?

An inexpensive loan is one with a 0.12 percent interest rate. A medium price loan would be about a 6.5 percent interest rate. Lastly, an expensive loan would be one with an interest rate of 15 percent or more.


How much is a 6 percent interest on a loan is that a good rate?

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What is the interest on a loan of 36720 at 6 percent interest for 60 days?

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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 is the simple interest on a loan of 200 at 8 percent interest for 3 years?

$48


What is the interest on a five year loan of 13950 at a 5.8 percent rate of interest?

"4045.50"


What is the percent of interest charged on a loan?

usually its 15-19%


How do you take out a simple interest loan on a car at 14289 The interest rate is 3.5 percent for 5 years How many will you pay in interest during the term of the loan?

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What is monthly interest payment on a 10000 loan for 5 years at 12 percent interest?

The monthly interest is 100.