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You have an account that increased over a 12 month period from 8765.00 to 9006.04 what percent interest did you receive?
Wiki User
∙ 12y ago
2.75
Wiki User
∙ 12y ago
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Sam has a savings account that increased in value over a 12 month period from 8765.00 to 9006.04 what percent interest did he receive?
2.75%
Eric earns 6.5 percent simple interest annually on his savings account he has a beginning balance of 459.32 How much interest does he receive?
29.86
How much interest would you receive for 2000.00 at .5 percent interest for 1 year?
2010.00
Calculate the simple interest you would receive in five years on a saving account that earns 7.5 annual interest Your beginning balance is 1236.59?
The simple interest over a period of five years is $463.70
You invest 5000 in a Certificate of Deposit and receive annual interest of 8 percent for 7 years How much interest will investment earn during this period?
Certificates of Deposit (CDs) may allow interest to be paid out annually. Alternatively, the annual interest can be accumulated and compounded until maturity. The choice must be made at the point of taking out the CD.Annual payment of interest: On each anniversary date the annual interest is paid by transferring it to your current account or to a savings account etc of your choice. This means there is no compounding of interest, year on year.Calculation:5000 at 8 percent is 400. You will receive 400 each year, for 7 years, a total of 2,800.Interest compounded and paid at maturity:Statement of end of year values including interest, at end of year:5400.005,832.006,298.566,802.447,346.647,934.378,569.12At the end of year 7 the total payout will be 8,569.12 i.e. 5000 initial deposit + 3,569.12 total interest earned.NOTE: These calculations assume that no tax is deducted at source.For more information, see Related links below
Sam has a savings account that increased in value over a 12 month period from 8765.00 to 9006.04 what percent interest did he receive?
2.75%
Sam has a savings account that increased in value over a twelve month period from 8765.00 to 9006.04 He made no deposits or withdrawals in that time What annual percent interest did he receive?
2.75
Eric earns 6.5 percent simple interest annually on his savings account he has a beginning balance of 459.32 How much interest does he receive?
29.86
Calculate the simple interest you would receive in one year on a savings account that earns 5 percent annual interest What if your beginning balance is 255.19?
12.76
Calculate the simple interest you would receive in five years on a savings account that earns 7.5 percent annual interest What if your beginning balance is 1236.59?
463.72
Cindy has a savings account with National Bank She earns 4.5 percent annual simple interest on 1239.12 What amount will she receive in interest in one year?
$55.76 = $1239.12 x 0.045
How much interest would you receive for 2000 at 1 percent interest rate for 1 year?
1 percent of 2,000 is 20 .
How much interest would you receive for 2000.00 at .5 percent interest for 1 year?
2010.00
At a bank to receive interest is a minimum balance required?
If an account is interest based then any amount is fine
How can you use interesting in a sentence?
I have a particular interest in Astrology. A company may try to interest its customers in online shopping. I receive very little interest on money in my checking account.
Can the interest rate be increased if you have closed the credit card account?
Generally, not - unless you fail to make timely payments. If you receive a general notice about a change of rates, you can call the company to opt-out of the change of terms.
8765.00 to 9006.04 what percent interest receive for the 12 month period?
2.75
