5.5% of 1200 is 66
2 x 66 = 132
6.5%Formula for finding Simple InterestSI [Interest] = (P×R×T)/100P [sum] = (SI×100)/(R×T)R [Rate/year] = (SI×100)/(P×T)T [Time] = (SI×100)/(P×R)whereS.I. = Simple Interest,P = Principal or Sum of amount,R = % Rate per annum,T = Time Span
The answer, assuming compounding once per year and using generic monetary units (MUs), is MU123. In the first year, MU1,200 earning 5% generates MU60 of interest. The MU60 earned the first year is added to the original MU1,200, allowing us to earn interest on MU1,260 in the second year. MU1,260 earning 5% generates MU63. So, MU60 + MU63 is equal to MU123. The answers will be different assuming different compounding periods as follows: Compounding Period Two Years of Interest No compounding MU120.00 Yearly compounding MU123.00 Six-month compounding MU124.58 Quarterly compounding MU125.38 Monthly compounding MU125.93 Daily compounding MU126.20 Continuous compounding MU126.21
The perimeter can be anything that's 138.6 or greater.The area doesn't tell you the perimeter.Here are a few examples:30 x 40 . . Area = 1200 . . Perimeter = 14025 x 48 . . . A = 1200 . . . P = 14624 x 50 . . . A = 1200 . . . P = 14820 x 60 . . . A = 1200 . . . P = 16015 x 80 . . . A = 1200 . . . P = 19012 x 100 . . . A = 1200 . . . P = 22410 x 120 . . . A = 1200 . . . P = 2608 x 150 . . . A = 1200 . . . P = 3166 x 200 . . . A = 1200 . . . P = 4125 x 240 . . . A = 1200 . . . P = 4903 x 400 . . . A = 1200 . . . P = 8062 x 600 . . . A = 1200 . . . P = 1,2041 x 1200 . . . A = 1200 . . . P = 2,402
1200 g is roughly 2.64 pounds, so it is less than than 5 pounds.
No, it is not.
2400*12.5/100*4 = 1200
For simple interest, just multiply the capital times the interest (converted to a decimal, that is, percentage / 100) times the number of years.
5.5% of 1200 is 66 2 x 66 = 132
1200 rate*money invested*interest(divided by a 100) 5*4000*.06=1200
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
d 2.5 years
That depends on whether it's simple interest or compound interest.If compound, then it also depends on how often interest is compounded.Examples:$1,200 at 4% simple interest for 30 years adds up to $2,640.$1,200 at 4% interest compounded quarterly for 30 years adds up to $3,960.46.You can see that it does make a difference.
1862
9.5% semi-annually = 19.9025% annually.After 10 years 1200*(1.199025)^10 = 7369.93
The answer choices for this question were not provided. You would first have to multiply the interest rate of 6 percent times 4000 which equals 240. Then you would multiply the 240 times 5 which equals 1200. An easier way is to multiply 4000 by 6 percent by 5.
1)In a semiannual loan, the number of times interest will be given in 2 years is 4.The multiplication factor for 3% interest is 1.032)The final amount can be worked out like this:1200 x 1.034 = 1350.610572 = 1350.61 (2 d.p.)3)Therefore the interest is1350.61 - 1200 = 150.61
6 ÷ 100 × 20000 = 1200