answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is the interest of 1500 at 4 for 5 years?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is compound interest of 1500 dollars for 5 years at interest of 5 percent?

Compound interest functions can be represented as [(1+i)^t]*n, where i = interest rate t = time n = original number [(1.05)^5]*1500 = $1914.42


How much interest is earned on a principle of 1500 at 6.3 percent for 5 years?

472.5 i converted 6.3% to .063. multipled that by 1500 to find 6.3% of 1500 and multipled this by 5


Future Value of 500 if invested for 5 years at a 4 percent interest rate?

Simple interest, 500 + (5 x 5 x 4) = 600. Compound 500 x 1.04^5 = 632.66


What is the interest and balance of 375 at 4 percent for 5 years?

If compounded, interest = 81.244 and balance = 456.245 If not compounded, interest = 75 and balance = 450


How will calculate annuity method in depreciation?

To calculate depreciation using the annuity method, you divide the depreciable cost of the asset by the estimated useful life in periods. This will give you the annual depreciation expense for the asset. You can use formulas or online calculators to streamline the calculation process.


What is the future value of 80000 dollars with 5 percent interest in 4 years?

102102.52


If 1500 dollars is invested at an interest rate of 3 point 5 percent per year compounded continuously find the value of the investment after 3 6 and 18 years.?

If 1500 dollars is invested at an interest rate of 3.5 percent per year compounded continuously, after 3 years it's worth $1666.07, after 6 years it's $1850.52, and after 18 years it's worth $2816.42.


Ruiz invests 55 at a simple interest rate of 4 percent How much interest will he earn after 5 years?

Use the equation I= Prt P= Principal amount(starting)r= Rate as a decimalt=timeI = (55)(0.04)(5)= 11Therefore, he will earn $11 in interest after 5 years.


How much money will be in a bank account after 3 years if 4 is deposited at an interest rate of 5 percent?

$4.63


A loan at 6 percent interest over 5 years What is the total output?

If the interest is simple interest, then the value at the end of 5 years is 1.3 times the initial investment. If the interest is compounded annually, then the value at the end of 5 years is 1.3382 times the initial investment. If the interest is compounded monthly, then the value at the end of 5 years is 1.3489 times the initial investment.


What is 1500 as a product of prime factors?

1500/5=300 300/5=60 60/5=12 12/3=4 4/2=2 5*5*5*3*2*2


What is the simple interest of a loan for 1000 with 5 percent interest after 5 years?

$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.