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How much interest will Mitchell earn if he charges Vincent a simple interest rate of 3 percent?
He will earn 3% of the unspecified amount that Vincent has borrowed, over a period that is also unspecified.
He will earn 3% of the unspecified amount that Vincent has borrowed, over a period that is also unspecified.
He will earn 3% of the unspecified amount that Vincent has borrowed, over a period that is also unspecified.
He will earn 3% of the unspecified amount that Vincent has borrowed, over a period that is also unspecified.
What else can I help you with?
5 percent interest compounded annually means percent paid every?
year
Earl's 1000 bond earns 6.2 percent in annual interest What is the annual interest?
62
How much interest will be earned on an investment of 8000 at 10 percent simple interest for 3 years?
$2400
Shirley invested a total of 12000 in two certificates of deposit one pays 6 percent interest and the other pays 7 percent interest her total interest at the end of one year is 790 how much is investe?
A+ 5000
Jonathan invested a total of 10000 in two certificates of deposit One pays 5 percent interest and the other pays 6 percent interest His total interest at the end of one year is 560 How much is inves?
4000
Calculate the monthly interest rate on a credit card that charges 18 percent annual interest?
1.5 or 1.50
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.
What is the annual opportunity cost of a checking account that requires a 500 minimum balance to avoid service charges. Assume an interest rate of 3 percent?
15.00
What is the annual opportunity cost of a checking account with a 6.5 percent interest rate that requires a 350.00 minimum balance to avoid service charges?
$350 * 6.5% = $22.75
What is 10 percent interest of 999?
Interest is 99.9
How musch is an interest on a 2.5 billion dollar loan?
It depend on the interest of the loan some have a 0 percent interest all the way up to a 0.3 percent interest!
How much is 3 percent interest on 6000?
To calculate 3 percent interest on $6,000, multiply $6,000 by 0.03. This equals $180. Therefore, 3 percent interest on $6,000 is $180.
What is the prime interest rate and how does the average bank customer fare in regard to the prime interest rate?
The prime rate is the rate that a bank charges its most creditworthy customers. The average customer can expect to pay one or two percent (or more) above prime.
Investing 450.00 at 3.5 percent annual interest or 400.00 at 4.5 percent annual interest What is the difference in the amount of interest that could be earned?
2.25
20000.00 loan for 50 days at 6 percent interest?
The answer is 1200.00 dollars in interest on that loan of 20000.00 for 50 days at 6 percent interest.
What does zero percent interest means?
There is no interest being charged.
Which interest rate is cheaper 3.13 percent or 2.75 percent?
2.75 percent
