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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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6mo ago

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Related Questions

What is 3 percent 150000?

3% of 150000 is 4500.


How much is monthly interest on 150000 at 3 percent?

To calculate the monthly interest on $150,000 at an annual interest rate of 3 percent, first convert the annual rate to a monthly rate by dividing by 12. This gives a monthly rate of 0.25 percent (3% ÷ 12). Then, multiply the principal amount by the monthly rate: $150,000 × 0.0025 = $375. Therefore, the monthly interest is $375.


What is 3 percent of 150000?

3% = 0.030.03 x 150,000 = 4,500


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.


How much is 3 percent interest a month on 170.000?

3 percent of 170 is 5.10


How much interest will be earned on an investment of 8000 at 10 percent simple interest for 3 years?

$2400


How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?

"How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?"Incomplete question.... to do what?


How much is the 3 percent interest on 550000 pesos?

3% of 550000 = 550000*3/100 = 16500


5000 is invested at 3 percent interest How much money must be invested at 5 percent interest so that the total interest from the two investments is 275 after one year?

$2,500 is your answer


If you have 125 dollars in the bank with 3 percent interest how much would that equal?

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How much interest can 100000 make you at 3 percent?

Express 3 percent as a decimal (0.03) and multiply by the original number =100000*0.03 =3000


How much is the 3 percent interest on 550 000?

It is 16,500. That would give you a total of 566,500.