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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.
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How much is 3 percent interest on 150000?
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.
Jerry invested 14000 in a certificate of deposit at 5 percent he also put 2500 in a savings account at 3 percent how much interest will he earn after?
775
What is 3 million dollars divided by 20000?
0.0001
What percentage is 20000 of 3 million?
percentage = 0.6667% % rate: = 20000/3000000 * 100% = 2/3 * 1% = 0.6667
Which loan would cost the borrower less money 2000 at 8 for 3 years or 2000 at 9.5 percent for 2 years How much interest would the borrower save by taking the cheaper loan?
8 percent of 2000 is 160 x 3 = 480 9.5 percent of 2000 is 190 x 2 = 380 100 hundred dollars cheaper.
How much is 3 percent of 20000?
3% of 20,000 is 600
If you invested 20000 dollars for five years at 3 point 05 percent interest then how much would you make the first year?
700
How much is 25 percent of 20000 dollars?
5000 dollars
How much is 3 percent interest a month on 170.000?
3 percent of 170 is 5.10
What is 3 percent of 20000?
To calculate 3 percent of 20,000, you first convert 3 percent to a decimal by dividing by 100, which gives you 0.03. Then you multiply 0.03 by 20,000 to find the answer. So, 3 percent of 20,000 is 600.
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
How much is 3 percent interest on 150000?
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.
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?
128.75
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
