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Simple interest would be 360
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What is 12 percent interest of 3000 dollars?
12% of 3000 dollars = 3000*12/100 dollars = 360 dollars.
What is the simple interest of 3000 dollars invested at 7 percent for six months?
3000*(7/100)*(6/12) = 105 dollars
What is the simple interest paid on 3000 pounds at 3.5 percent yearly after 5 years and how much if the interest was compounded showing work for both answers?
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
How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?
3000
What is the principal balance if the principal plus interest at the end of 1 and a half years is 3360 at an annual interest rate of 8 percent?
3000
What is 12 percent interest of 3000 dollars?
12% of 3000 dollars = 3000*12/100 dollars = 360 dollars.
What percent of 3000 is 360?
360 is 12 percent of 3000
What is the simple interest of 3000 dollars invested at 7 percent for six months?
3000*(7/100)*(6/12) = 105 dollars
What is 12 percent of 3000?
360
What is the simple interest paid on 3000 pounds at 3.5 percent yearly after 5 years and how much if the interest was compounded showing work for both answers?
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
How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?
3000
What is the principal balance if the principal plus interest at the end of 1 and a half years is 3360 at an annual interest rate of 8 percent?
3000
What is the interest on 600 at 12 percent for 2 years?
Simple interest: 144Compound interest: 152.64
If you save 3000 at an interest rate of 14 percent per year how much will you have at the end of six years?
If the interest is compounded then you would have 6584.91
What is 16 percent interest rate on 3000 over a year?
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.
How much interest can 100000 make you at 3 percent?
Express 3 percent as a decimal (0.03) and multiply by the original number =100000*0.03 =3000
How much money will you accumulate in an account after 5 year if you earn 3.25 percent interest and initially invest 3000?
3000*(1+3.25/100)5 = 3520.23 (rounded).
