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What is the interest rate of a principal of 6131 that earns 2758.95 in 5 years?
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What is the interest on 950 invested for 4 years in a account that earns simple interest at a rate of 3 percent per year?
Interest = Principal*Time*Rate = 950*4*3% = 950*4*3/100 = 114
What is 3 percent of 100.00 per annum for 6 years?
If the 3% is "simple" interest, then the $100 earns an extra $18 in 6 years. If the interest is compounded yearly, then it earns $19.41 extra. If the interest is compounded weekly, then it earns $19.72 extra.
How long will lucy have to wait before her 2500 invested at 6 percent earns 600?
Interest = Principal x Rate x Time therefore, Time = Interest/ (Principal x Rate) Time = 600/(2500 x 0.06) Time = 600/150 Time = 4 years
1000 is invested at 9 percent simple interest for 3 years This investment earns?
Interest = (Principal x Time X Rate)/100 so in this case interest = (1000 x 3 x 9)/100 = 2700/100 = 27
What is the simple interest if a principal over 20 years equals the borrowed principal?
It is 5%.
What is the principal amount which earns Rs24 as simple interest for 3 years at 10 percent interest per annum?
Rs 80.
Elena has 500 to invest . she can put it in an account that earns 4 compounded semiannually or in an account that earns 5 simple interest after 2 years how much will be in each account including the?
the last word is principal
What is the interest on 950 invested for 4 years in an account that earns simple interest at a rate of 3 percent per year?
3% for 4 years is equivalent to 12% of the principal, in this case 12 x 9.5 which is 114.
What is the interest on 950 invested for 4 years in a account that earns simple interest at a rate of 3 percent per year?
Interest = Principal*Time*Rate = 950*4*3% = 950*4*3/100 = 114
What is 3 percent of 100.00 per annum for 6 years?
If the 3% is "simple" interest, then the $100 earns an extra $18 in 6 years. If the interest is compounded yearly, then it earns $19.41 extra. If the interest is compounded weekly, then it earns $19.72 extra.
How long will lucy have to wait before her 2500 invested at 6 percent earns 600?
Interest = Principal x Rate x Time therefore, Time = Interest/ (Principal x Rate) Time = 600/(2500 x 0.06) Time = 600/150 Time = 4 years
What is 3 percent of 300000 over 30 years?
If the interest is simple interest, then the 300,000 earns an additional 270,000 in 30 years (on top of the principle). If the interest is compound interest paid annually, then the 300,000 earns an additional 428,178.74 in 30 years (on top of the principle).
1000 is invested at 9 percent simple interest for 3 years This investment earns?
Interest = (Principal x Time X Rate)/100 so in this case interest = (1000 x 3 x 9)/100 = 2700/100 = 27
What is the simple interest if a principal over 20 years equals the borrowed principal?
It is 5%.
Nate wants to buy a CD for 1000 that earns 3 APR and is compounded quarterly for 5 years. He will be taxed on 20 of the interest that he earns. What is the total amount of interest Nate will earn afte?
He will get 128.95 interest after tax.
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 principal if the Interest earned is 27.00 for 2 years at 1.5?
Assuming that 1.5 refers to 1.5% and that the interest is compounded annually, the principal is 893.30
