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What is the simple interest of a loan for 1000 with 5 percent interest after 5 years?
Wiki User
∙ 7y ago
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.
Alberta Schmitt
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What is the future value of 1000 dollars in 4 years at interest rate of 5 percent compounded semiannually?
1000 x (1.025)8 which is $1218.40.
Earl's 1000 bond earns 6.2 percent in annual interest What is the annual interest?
62
What will be the present value of 1000 received at the end of year 3 and then every two years after that. Using an interest rate of 18 percent per year?
It looks like there is no end date, so that means that 2 years of interest generate 1000: F3 * 1.182 - F3 = 1000 ; F3 = 2548.42, Then calculate the present value from F3:F3 = 2548.42 = P * (1.18)3 --> P = 1551.05
How many m 8446 are in km?
1000 metres = 1 kilometre so 8446 km = 8446/1000 = 8.446 km. Simple!1000 metres = 1 kilometre so 8446 km = 8446/1000 = 8.446 km. Simple!1000 metres = 1 kilometre so 8446 km = 8446/1000 = 8.446 km. Simple!1000 metres = 1 kilometre so 8446 km = 8446/1000 = 8.446 km. Simple!
What is 15 percent of 1000?
To find 15 percent of a number, multiply the number by 0.15. In this instance, 0.15 x 1000 = 150. Therefore, 15 percent of 1000 is equal to 150.
What is the simple interest of a loan for 1ooo with 5 percent interest after 3 years?
Simple interest = 1000 * 5/100 * 3 = 150
What rate of simple interest is needed for 1000 to double in 3 years?
331/3 percent simple interest will double any amount in 3 years.
1000 is invested at 9 percent simple interest for 3 years. how much is the earnings?
9% of 1000 is 9*1000/100 = 90. Since it is simple interest, it generates earnings of 90 each year, or 270 in 3 years.
What is the simple interest of a loan for 1000 with 5 percent interest after 3 years?
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.
1000 is invested at 6 percent simple interest for 5 years how much is the earnings?
300 :D
How much interest Alfred will you receive if Alfred invests 4000 at 5 percent simple interest for 5 years?
40 x 5 x 5 = 1000
1000 is invested at 9 percent simple interest for 3 years This investment earns?
Interest = (Principal x Time X Rate)/100 so in this case interest = (1000 x 3 x 9)/100 = 2700/100 = 27
How long must 1000 invested at an annual interest rate of 3 percent to earn 300 in a simple interest?
>I=Prt > 300=1000(0.03)t > t=10 Time duration will be 10 years.
Matthew invests 1000 at 8 percent compounded annually for 2 years Find the compound interest?
Total after 2 years = 1000*(1.08)2 = 1000*1.1664 =1166.40 So interest = Total - Inirial capital = 1166.40 -1000 = 166.40
What is the formula to calculate 1000 invested at 8 percent for 5 years?
Assuming interest is compounded annually, 1000*(1.08)5
In how many years will Rs.1000 amount to Rs.1728 at 20 percent compound interest.?
3
What is 1000 pesos interest for 2.5percent?
1000+2.50 percent
