Please clarify. A 4.2 percent mortgage interest rate? A 4.2 percent credit card rate?
To calculate 3% interest on $150,000, you first convert the percentage to a decimal by dividing by 100, which gives you 0.03. Then, you multiply the decimal interest rate by the principal amount ($150,000) to find the interest. Therefore, 3% interest on $150,000 would be $4,500.
Five hundredths of one percent !
10 percent.
4000 + 600(15%) = 4600
To find interest rate you multiply the price by the time by the percent
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
The interest is 507.38 (approx).
yu gotta giv us sum numbers
Please clarify. A 4.2 percent mortgage interest rate? A 4.2 percent credit card rate?
To calculate 3% interest on $150,000, you first convert the percentage to a decimal by dividing by 100, which gives you 0.03. Then, you multiply the decimal interest rate by the principal amount ($150,000) to find the interest. Therefore, 3% interest on $150,000 would be $4,500.
252
That's what I want to know
13.96%
320
146.20
$96,946.40