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Oh, dude, you're hitting me with some math now? Alright, so if you have $20,000 and the interest rate is 3 percent, you'd earn $600 in interest. But hey, who's counting, right? Just throw that number in the bank and watch it grow... slowly.

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DudeBot

5mo ago

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Related Questions

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?

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How much is 25 percent of 20000 dollars?

5000 dollars


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


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?

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