3 percent interest on 150000 is 4500.
3% of 150000 is 4500.
20000*3/100 = 600 per period.
775
15000
8 percent of 2000 is 160 x 3 = 480 9.5 percent of 2000 is 190 x 2 = 380 100 hundred dollars cheaper.
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
20000*3/100 = 600 per period.
$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