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What is the simple interest charged on a 325 loan at 7 percent for one year?
Wiki User
∙ 11y ago
7% of 325 = 22.75
Wiki User
∙ 11y ago
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What is a simple interest in math?
Simple interest is interest that is calculated only on the amount of unpaid principal on a loan. Such interest is not added to the value of the loan but is tracked separately. Compound interest is interest that is calculated on the total of unpaid principal and accumulated interest on a loan. The difference is in simple interest there is no interest charged on accumulated interest while in compound interest there is interest charged on accumulated interest.
What is the simple interest on a loan of 5 700 at at 5.3 for 4.5 years?
The simple interest on a loan of 5 700 at 5.3 percent for 4.5 years is 1359.45.
What is the simple interest on a 2500.00 loan at 11 percent interest for 3 years?
Total simple interest = 2500*11/100*3 = 825
What is the simple interest to repay a loan in 3 years at the rate of 9 percent?
You already gave the simple interest - 9 percent. Rethink and ask your question again.
How much interest will be paid in 2 years for a loan of 1500 at 8.25 percent simple interest?
365$ give or take :)
What is the percent of interest charged on a loan?
usually its 15-19%
What is a simple interest in math?
Simple interest is interest that is calculated only on the amount of unpaid principal on a loan. Such interest is not added to the value of the loan but is tracked separately. Compound interest is interest that is calculated on the total of unpaid principal and accumulated interest on a loan. The difference is in simple interest there is no interest charged on accumulated interest while in compound interest there is interest charged on accumulated interest.
What is the simple interest on a loan of 200 at 8 percent interest for 3 years?
$48
What is the simple interest rate of a 525 loan at 4.5 for 60 days?
The simple interest on a 525 loan at the rate of 4.5 percent for 60 days is 3.9375.
What is the simple interest on a loan of 5 700 at at 5.3 for 4.5 years?
The simple interest on a loan of 5 700 at 5.3 percent for 4.5 years is 1359.45.
What is the simple interest of a loan for 1ooo with 5 percent interest after 3 years?
Simple interest = 1000 * 5/100 * 3 = 150
What is the simple interest on a 2500.00 loan at 11 percent interest for 3 years?
Total simple interest = 2500*11/100*3 = 825
What is the simple interest on a loan of 5700 at 5.3 percent for 4.5 years?
1359.45
What is the simple interest to repay a loan in 3 years at the rate of 9 percent?
You already gave the simple interest - 9 percent. Rethink and ask your question again.
How do you take out a simple interest loan on a car at 14289 The interest rate is 3.5 percent for 5 years How many will you pay in interest during the term of the loan?
2,500.58 (A+)
What is the amount of the simple interest on a 2000 loan at 6 percent interest for 2 years?
It is 240 currency units.
How much interest will be paid in 1 year for a loan of 2500 at 9 1 2 percent simple interest?
558,92
