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Compound interest on 8 percent of 3500 for 3 year?

4408.992


You have a single payment loan for 3500.00 for 270 days at 9 percent annual interest. What is the interest amount and the money due at the end of the loan?

Interest =0.09/365*270*3500 = $233.01 (approximate, depends on composite or accumulation terms) Total = $3,500.00 + 233.01 = $3,733.01 (approximate)


A sum of 3500 dollars is invested in two parts One part brings a return of 5 percent and the other a return of 8 percent The total annual return is 250 dollars Find the amount invested at each rate?

The answer: $1,000 was invested at %5. $2,500 was invested @ 8% It is done with a system of equations when "x" is a portion of $3,500 and "y" is a portion of $3,500: x + y = 3500AND .05x +.08y = 250 Use algebra and solve #2 for "x" as follows: .05x + .08y = 250 .05x = 250 - .08y x = 5000 - 1.6y plug the value of "x" into the first equation and solve for "y": 5000 - 1.6y + y = 3500 5000 - 3500 - 1.6y + y = 0 1500 - 1.6y + y = 0 1500 = 1.6y -y 1500 = .6y 2500 = y plug the value of "y" into the original equation and solve for "x" x + 2500 = 3500 x = 3500 - 2500 x = 1000 You can plug them both into the 2nd equation in the system to check it.


What is 16 percent of 3500?

16 percent of 3500 is 560.


How much interest if you borrow 3500 at a rate of 6 percent for 10 years?

Under normal commercial practice. use compound interest / I(n) = I(o)[ 1 + r/100]^(n) Hene I(10) = 3500[1 + 6/100]^(10) I(10) = 3500[ 1.06^(10)) I(10) = 3500 *1.790847697 I(10) = 6267.966938 I(10) ~ 6267.97 Amount of interest paid is 6267.07 = 3500 = 2767.97 is the amount of interest paid .


What is 13 percent of 3500?

13% of 3500= 13% * 3500= 0.13 * 3500= 455


What is 6.25 percent of 3500?

6.25% of 3500= 6.25% * 3500= 0.0625 * 3500= 218.75


How 15 percent in 3500?

15% of 3500 = 15% * 3500 = 0.15 * 3500 = 525


What is FIFTY percent of 3500 dollars?

50% of $3500 = 50% * 3500 = 0.5 * 3500 = $1750


If Marty maintains an average balance of 3500 dollars on a credit card that he uses only for necessary purchases and the bank charges 19.9 percent interest how much interest will he pay?

He pays $696.50 interest.


How do yu write 35 as a percent?

It is 3500%.


What percent is 3500 out of 5000?

3500 is 70% of 5000.