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Q: What is the interest on 3000 at 12 percent?

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12% of 3000 dollars = 3000*12/100 dollars = 360 dollars.

3000*(7/100)*(6/12) = 105 dollars

Simple interest of £3000 over 5 years: 3000*0.035*5 = £525 Compounded interest of £3000 over 5 years: 3000*(1.035)^5 -3000 = £563.06 rounded to the nearest penny

3000

3000

Related questions

12% of 3000 dollars = 3000*12/100 dollars = 360 dollars.

360 is 12 percent of 3000

3000*(7/100)*(6/12) = 105 dollars

360

Simple interest of £3000 over 5 years: 3000*0.035*5 = £525 Compounded interest of £3000 over 5 years: 3000*(1.035)^5 -3000 = £563.06 rounded to the nearest penny

3000

3000

Simple interest: 144Compound interest: 152.64

If the interest is compounded then you would have 6584.91

That depends on exactly how the interest is calculated. If its calculated once per year the answer would be: 3000 * 16 = 48.000 / 100 = 480,- If your interest is calculated per month or per 3 months the interest is going to be slightly more.

Express 3 percent as a decimal (0.03) and multiply by the original number =100000*0.03 =3000

0.2 percent of 3000 = 60