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What is the total balance when depositing 1500 per month for 12 years at 3 percent?
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∙ 14y ago
$25663.7
Wiki User
∙ 14y ago
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Quinzel earns 1254 each month His total deductions are 20 percent of his pay How much is deducted from his pay each month?
i think.................................................................................................................................................................................................................................................
John has two jobs and earns a total of 2345 per month What percent of his gross income does John receive from his second job where he makes 609.70 a month?
26%
What is the formula to calculate a credit card balance of 513.24 with a 17 daily interestrate making 10.00 payments each month?
The 17% interest is actually an annual rate, so each month you are charged 17%/12=1.42%. There is no simple formula to calculate your monthly balance as far as I know, the best way is to just calculate each month. Month 1: Carry-over Balance: 513.24$ Interest: 1.42% x 513.24 = 7.27$ Payment: 10.00$ Final Balance: 513.24$ + 7.27$ - 10.00$ = 510.51$ Month 2: Carry-over balance: 510.51$ Interest: 1.42% x 510.51 = 7.23$ Payment: 10.00$ Total: 510.15$ + 7.23$ - 10.00$ = 507.74$ Month 3: Carry-over balance: 507.74$ Interest: 1.42% x 507.74 = 7.19$ Payment: 10.00$ Total: 507.74$ + 7.19$ - 10.00$ = 504.94$ ... (I calculated how far it would go using Excel) Month 93: Carry-over balance: 3.12$ Interest: 1.42% x 3.12 = 0.04$ Payment: 3.16$ Total: 3.12$ + 0.04$ - 3.16$ = 0.00$ So, with 17% annual interest rate and a 10.00$ payment every month, it'll take 7 years and 9 months to pay off your bill. You will have spent a total of 923.16$, or 409.92$ in interest on a 513.24$ balance. Credit card balances really suck due to their huge interest.
A family spends 20 percent of its income on food 23 percent on rent and 42 percent on other expenses and saves the balance if the family saves 360 dollars per month what is the families monthly income?
Total Income = ? % spent on Rent = 23% % spent on food = 20% % spent on Other expenses = 42% Amount remaining = 360 % remaining = 100 - (23 + 20 + 42) = 15% 15% of X amount = 360. So X = 360/15% = 2400 The families total income is $2400
What is the amount of each month's payment when Ne bought two tops for 299 each and a ring for 140 he paid 1 by 6 of total cost at the time of purchase and the balance in 12 equal monthly installment?
Total cost = 2*299 + 140 = 738 Initial payment = 1/6 * 738 = 123 Balance to be paid over 12 months = 738 - 123 = 615 Each month's repayment = 615/12 = 51.25 but the answer is 61.5 in my book how it can be?
In a common size balance sheet the 100 percent figure is?
the total assets figure
Markers $550 per month if he spends $220 a month on gas what percent of his total monthly income does he spend on gas?
121000
Quinzel earns 1254 each month His total deductions are 20 percent of his pay How much is deducted from his pay each month?
i think.................................................................................................................................................................................................................................................
Angelo earns 2080 each month His total deductions are 30 percent of his pay How much is deducted from his pay each month?
b) $624.00
Will paying more every month on car loan lower the total cost?
Yes it will. They car will be paid off earlier and interest will not be as much based of the total balance.
John has two jobs and earns a total of 2345 per month What percent of his gross income does John receive from his second job where he makes 609.70 a month?
26%
What is the meaning of 'balance of payment surplus'?
If money recd is more than paid by any country to another country. It is called balance of payment - surplus in short more "Export Less Imports".
What is the formula to calculate a credit card balance of 513.24 with a 17 daily interestrate making 10.00 payments each month?
The 17% interest is actually an annual rate, so each month you are charged 17%/12=1.42%. There is no simple formula to calculate your monthly balance as far as I know, the best way is to just calculate each month. Month 1: Carry-over Balance: 513.24$ Interest: 1.42% x 513.24 = 7.27$ Payment: 10.00$ Final Balance: 513.24$ + 7.27$ - 10.00$ = 510.51$ Month 2: Carry-over balance: 510.51$ Interest: 1.42% x 510.51 = 7.23$ Payment: 10.00$ Total: 510.15$ + 7.23$ - 10.00$ = 507.74$ Month 3: Carry-over balance: 507.74$ Interest: 1.42% x 507.74 = 7.19$ Payment: 10.00$ Total: 507.74$ + 7.19$ - 10.00$ = 504.94$ ... (I calculated how far it would go using Excel) Month 93: Carry-over balance: 3.12$ Interest: 1.42% x 3.12 = 0.04$ Payment: 3.16$ Total: 3.12$ + 0.04$ - 3.16$ = 0.00$ So, with 17% annual interest rate and a 10.00$ payment every month, it'll take 7 years and 9 months to pay off your bill. You will have spent a total of 923.16$, or 409.92$ in interest on a 513.24$ balance. Credit card balances really suck due to their huge interest.
How much is the minimum balance for Citibank Philippines?
You need to maintain a total balance of at least 100,000 pesos or its foreign currency equivalent otherwise you will be charged with 300 pesos per month that it is below this limit.
A family spends 20 percent of there monthly income on food 23 percent on rent 42 percent on other exspenses and saves the balance if the family saves 360 per month what is it's monthly income?
The family is spending 20 + 23 + 42 = 85 % of their income each month.As such the 360 saved is 15 % of their monthly income.Therefore monthly total income = 360/15 x 100Monthly income = 2400
A family spends 20 percent of its income on food 23 percent on rent and 42 percent on other expenses and saves the balance if the family saves 360 dollars per month what is the families monthly income?
Total Income = ? % spent on Rent = 23% % spent on food = 20% % spent on Other expenses = 42% Amount remaining = 360 % remaining = 100 - (23 + 20 + 42) = 15% 15% of X amount = 360. So X = 360/15% = 2400 The families total income is $2400
What is the difference between trial balance of totals and trial balance of balances?
firstily trial balance of total is the total balance of trial balance being show at the end of a year. trial balance of balance it is the balances being show doing the calcution of the trial balance.
