answersLogoWhite

0


Best Answer

SI = 250*0.055*2 = 27.5

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the simple interest on 250 at 5.5 percent pa for 2 years?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Simple interest of 5000 at 5 percent?

250 pa


How much simple interest he would make in five years on the amount of 250.25 at 5.4 percent interest?

He would make 250*(5.4/100)*5 = 67.57


What is 250 at 2.5 percent for two years?

With the interest compounded, it is 250*(1.025)2 = 262.66


How do you calculate interest on 250.00 at 4 percent for 3 years?

Total = 250(1+i)3 Total = 250(1.124864) Total = 281.216 Interest = 281.216-250 = 31.216


How much would 250 invested at 10 percent interest compounded continuously be after 8 years?

556.34


How much would 250 invested at 10 percent interest compounded continuously be worth after 8 years?

556.34


Save 250 a year for 20 years how much would be earn at an interest rate of 9 percent?

$450.


What annual installment will discharge a debt of Rs 1450 due after five year at 8 percent pa simple interest?

X = 100 * P * (Y) / 100 T + { RT ( T -- 1 ) /2}Meanings of the variablesX = Annual equal installmentP = DebtT = TimeR = Interest RateY = 1 for yearly installmentY = 2 for half yearly installmentBY putting the valuesX = 100*1450/100*5+{8*5*4/2}X = 145000/500+80X= 250Logic :After 1st year installment will b = installment + interest of 4 years = 250+250*8*4/100 = 250+80=330.After 2nd year installment will b = installment + interest of 3 years = 250+250*8*3/100 = 250+60=310.After 3 year installment will b = installment + interest of 2 years = 250+250*8*2/100 = 250+40=290.After 4 year installment will b = installment + interest of 1 years = 250+250*8*1/100 = 250+20=270.After 5 year installment b = 250By adding these installment = 330+310+290+270+250 = 1450.


What interest will have accured on 250 over a year at an annual rate of 6.7 percent?

I=Prt I= 250*1*0.067 = 16.75


What percent is 35.00 of 250.00?

Divde 35 by 250 and the answer is 10.4%. Simple math.


How huch money should be invested at an annual interest rate of 8 percent in order to earn 250 of yearly interest?

3125


How much money should be invested at an annual interest rate of 8 percent in order to earn 250 of yearly interest?

3125