The answer depends on how frequently the interest is calculated. If it is calculated only at the start, then 1088.12.
If it is calculated annually on the outstanding balance, then 827.88
If it is calculated monthly on the outstanding balance, then 795.58
An amortization table would give you the answer. If this is a real life situation and you are in the US you would be getting screwed at this rate of interest.
$2500
[Debit] Interest on Capital 5000 [Credit]Cash/Bank 5000
In simple interest, 50,000 would earn 1,500 in one year.
50000
50000/0.4 = 125000 Therefore, 50000 is 40 percent of 125000.
15 percent of 50000 = 750015% of 50000= 15% * 50000= 15%/100% * 50000= 15 * 500= 7500
33% of 50000= 33% * 50000= 0.33 * 50000= 16,500
1.8% of 50000= 1.8% * 50000= 0.018 * 50000= 900
$50000
10000% of 50000= 100 x 50000 = 5000000
33.3% of 50000 = 50000*33.3/100 = 16650