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What is simple interest amount you earn at an annual rate of 8.25 percent when you invest 1500 for three years?
Wiki User
∙ 13y ago
1st year --> .0825 * $1500 = $123.75
$123.75 + $1500 = $1623.75 after first year
2nd year --> .0825 * $1623.75 = 133.96
$133.96 + $1623.75 = $1757.71 after second year
3rd year --> .0825 * $1757.71 = $145.01
$145.01 + $1757.71 = $1902.72 after thid year
Total amount made off of interest in three years is $402.72
So where is the world did you find a bank that gave you 8.25% interest?!?!
Wiki User
∙ 13y ago
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A man invest 20000 at an annual interest rate of 17 percent and 1200 at an annual interest rate of 7.5 percent what was his annual income on the two investments?
17% of 20,000 = 3,4007.5% of 1,200 = 903,400 + 90 = $3,490
How much money is ten percent interest?
It's 1/10th of the amount you put in. The more you deposit or invest, the more interest you get.
How much money should be invest at ann annual rate of 12 percent in order to earn 300 interest in a year?
2,500
If you invest 6000 dollars today ata nine percent interest rate what is the amount of interest after thirty years?
The total interest would be 73606.07 dollars, approx.
Mike needs help in choosing whether he should invest 650 at 4.9 percent for one year or 500 at 5.0 percent interest for one year What is the difference in the amount of interest Mike could earn betwee?
6.85
A man invest 20000 at an annual interest rate of 17 percent and 1200 at an annual interest rate of 7.5 percent what was his annual income on the two investments?
17% of 20,000 = 3,4007.5% of 1,200 = 903,400 + 90 = $3,490
Invest 10000 at 5 percent annual interest how much would you have in 3 years?
You will have $11576.25
How much money is ten percent interest?
It's 1/10th of the amount you put in. The more you deposit or invest, the more interest you get.
Suppose you invest 1600 at an annual interest rate of 5.5 percent compounded continuously How much will you have in the account after 25 years?
balls
If you invest 1000 today at 5 percent annual interest how much would you have in 2 years?
1050*5/100
How much money should be invest at ann annual rate of 12 percent in order to earn 300 interest in a year?
2,500
What amount is profited after one year if you invest 1000 per year at 6 percent interest?
6.85
How much did Kate invest if she earned 1800 in 8 years at a 5 percent annual simple interest rate?
Kate invested 4500.
If you invest 6000 dollars today ata nine percent interest rate what is the amount of interest after thirty years?
The total interest would be 73606.07 dollars, approx.
Where is the best place to invest your money on pay day?
The Stock market is a classic choice for investment. You can also invest in Belaris Bank, there is no risk of losing it and has an annual 13 percent interest rate!
You invest a single amount of 10000 for 5 years at 10 percent at the end of 5 years you take the proceeds and invest them for 12 years at 15 percent How much will you have after 17 years?
Compound interest, no tax, annual interest rates? If so - Sum after the first 5 years - (1000 x (1.15)) Sum after the next 12 years - (proceeds from the 5 year investment x (1.1512))
Mike needs help in choosing whether he should invest 650 at 4.9 percent for one year or 500 at 5.0 percent interest for one year What is the difference in the amount of interest Mike could earn betwee?
6.85
