3% of 150000 is 4500.
To calculate the interest on $20,000 at 3% interest, you would use the formula: Interest = Principal x Rate. In this case, the interest would be $20,000 x 0.03 = $600. Therefore, the interest on $20,000 at 3% would be $600.
775
8 percent of 2000 is 160 x 3 = 480 9.5 percent of 2000 is 190 x 2 = 380 100 hundred dollars cheaper.
No. The best way to explain this is to look at it as 100 pennies, which equals a dollar. Three pennies would be 3% of a dollar, and 75 pennies would be 75% of a dollar (or 3/4 of a dollar). 3 percent is equal to 0.03, or 3/100, while 75 percent is equal to 0.75, or 75/100. Therefore, 3 percent is much, much less than 75 percent.
3% of 150000 is 4500.
3% = 0.030.03 x 150,000 = 4,500
3 percent of 170 is 5.10
$2400
"How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?"Incomplete question.... to do what?
3% of 550000 = 550000*3/100 = 16500
To calculate the interest on $20,000 at 3% interest, you would use the formula: Interest = Principal x Rate. In this case, the interest would be $20,000 x 0.03 = $600. Therefore, the interest on $20,000 at 3% would be $600.
$2,500 is your answer
128.75
Express 3 percent as a decimal (0.03) and multiply by the original number =100000*0.03 =3000
It is 16,500. That would give you a total of 566,500.
You will have $11576.25