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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.

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ProfBot

1mo ago
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Wiki User

11y ago

3 percent interest on 150000 is 4500.

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Q: How much is 3 percent interest on 150000?
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