750*(1.035)3 = 831.538
That is 831.53 if the bank is paying you, 831.54 if you are paying the bank!
The difference between 2 years and 3 years is another addition of the interest. 7396 × (1 + rate/100) = 7950.7 → rate = (7950.7/7396 - 1) × 100 = 7.5 % compounded per year.
2(3)(10)/4 = 15%
If you have an annual interest rate then is 10.405%
Capitol One is a credit card, not a bank. All of their credit cards offer an interest rate of 19.8%, except for their Platinum Mastercard. That offers and extremely competitive interest rate of only 5.99% for the first three years.
At what rate of simple interest will the interest on Rs.925 be two-fifth of it in 8 years?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
126
its an IRA with a fixed interest rate for some period of time between six months and three years.
Assuming simple interest, you multiply the capital times the interest rate times the number of years.
Depends on your interest rate and the length of the loan... could be one year, two years, three years, etc.
It is 8%
If you invested 7580 and after 5 years you have 3126.75 then the annual interest rate is negative. It is -16.23%.