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What is the simple interest the rate if the interest is 1210 the principle is 15000 and the time is 11 months?
Wiki User
∙ 9y ago
The formula for interest is I = rtP. Then r = I/tP, where t = 11/12. This calculates to a simple interest rate of 8.8 percent.
Wiki User
∙ 9y ago
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How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
What is compound interest on 15000 at 6 percent compounded annually for 2 years?
1257
What would 5 per cent interest be on 15000 for 6 years?
It depends on how often it is compounded. I'll figure monthly for you. If you invested 15000 for 6 years, at the end of 6 years it would be worth $20235.27
If the compound interest accrued on an amount of Rs 15000 in two years in Rs 2496 what is the rate of interest pcpa?
The total value after 2 years is 15000 + 2496 = 17496.So 17496 = 15000*(1 + r/100)2That is, (1 + r/100)2= 17496/15000 = 1.1664(1 + r/100) = sqrt(1.1664) = 1.08so r = 8% pa.The total value after 2 years is 15000 + 2496 = 17496.So 17496 = 15000*(1 + r/100)2That is, (1 + r/100)2= 17496/15000 = 1.1664(1 + r/100) = sqrt(1.1664) = 1.08so r = 8% pa.The total value after 2 years is 15000 + 2496 = 17496.So 17496 = 15000*(1 + r/100)2That is, (1 + r/100)2= 17496/15000 = 1.1664(1 + r/100) = sqrt(1.1664) = 1.08so r = 8% pa.The total value after 2 years is 15000 + 2496 = 17496.So 17496 = 15000*(1 + r/100)2That is, (1 + r/100)2= 17496/15000 = 1.1664(1 + r/100) = sqrt(1.1664) = 1.08so r = 8% pa.
How much is 0.50 percent of 15000?
750.5% of 15000= 0.5% * 15000= 0.005 * 15000= 75
How much will you have to repay how long and what are the interest rate payments on a auto loan with a interest rate of 10 for 72 months and a balance of 15000?
waht is the paymentwaht is the paymentTo payoff 15000, in 72 months with a interest rate of 10%,if would cost you $277.88 per monthsource:http://www.estimatepension.com/amortization-Schedule-Calculator.aspx
How much interest will you get on 15000 a year?
1500
What is 15000 with interest of 25 percent?
18750
Did the US build 15000 airplanes during the 21 months it was involved in World War 1?
15000
How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
How much does a vet earn in two months?
15000
What is the amount of interest that is paid on a loan when the principal is 5000 the interest rate is 7 percent per year and the time is 2 years?
Simple interest I=Prt = (5000)(0.07)(2) = $700.Compound interest: A=P(1+r)t = 5000(1.07)2 = 5000(1.1449) = $5,724.50;I=A-P = 5,724.50 - 5000 = $724.50
How much interest pay on a 15000 loan for 5 years at 7 percent?
5 yrs @ 7% = 35% in total. 35% of 15000 = 35 x 150 = 5250
What is compound interest on 15000 at 6 percent compounded annually for 2 years?
1257
How much price of emu chicks in India?
15000 INR for 3 months old pair
What would 5 per cent interest be on 15000 for 6 years?
It depends on how often it is compounded. I'll figure monthly for you. If you invested 15000 for 6 years, at the end of 6 years it would be worth $20235.27
If you invested 15000 In two accounts paying 6% and 8% annual interest. If the total interest for the year was $1120 how much interest was earned at each rate?
You invested $15,000 in two accounts paying 6% and 8% annual interest, respectively.
