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How much more interest would be earned on a 100000 CD for 9 months than for 6 months?
To calculate the difference in interest earned on a $100,000 Certificate of Deposit (CD) for 9 months versus 6 months, you need to know the annual interest rate. Assuming the rate is fixed, the interest for 9 months would be 0.75 times the annual interest, while for 6 months it would be 0.5 times the annual interest. The additional interest earned for the extra 3 months would be equal to one-fourth of the annual interest amount. Therefore, the specific difference depends on the annual interest rate of the CD.
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What is is 126945 rounded to the nearest hundred thousands?
It would be 100000. Rounded to the nearest ten thousand is 130000
What would 91284 round to the nearest hundred thousands?
The answer is 100,000
What does Next Maturing Amount on an IRA mean?
I assume you are talking about a bank IRA CD? Brokerage IRA don't mature or have a maturity date like bank IRA CD's. In bank IRA CD's, the maturing amout would be the amount deposit when the CD was open and the accrued interest that the CD has earned from opening time to maturity date (i.e 1 years, 2 year, etc). If you take the amount out before maturity date, then there would be a penalty that the firm which holds that CD would deduct from the current CD amount (amount deposit + the interest that has already been earned).
What is 999 rounded to the nearest ten thousand?
It would be 0. Rounded to the nearest thousand would be 1000.
What is 104229 rounded to the nearest ten thousand?
104229 rounded to the nearest ten thousand is 100,000. When rounding to the nearest ten thousand, you look at the digit in the ten thousand's place, which is 1 in this case. Since the digit to the right of it is 0, you round down to 100,000.
What is the annual rate of interest if 265 is earned in four months on an investment of 15 000?
To find the annual rate of interest, first determine the interest earned per year. Since $265 is earned in four months, the annual interest would be (265 \times 3 = 795) dollars. Next, divide the annual interest by the principal amount and multiply by 100 to get the percentage: (\frac{795}{15000} \times 100 \approx 5.3%). Therefore, the annual rate of interest is approximately 5.3%.
How much interest would you earn for 8months on 1500.00 at 6 percent?
To calculate the interest earned on $1,500 at a 6% annual interest rate for 8 months, you can use the formula: Interest = Principal × Rate × Time. Here, Time is expressed in years, so 8 months is approximately 8/12 or 2/3 years. Thus, the interest would be: $1,500 × 0.06 × (8/12) = $60. Therefore, you would earn $60 in interest over 8 months.
How much interest would I earn in one year on 100000 with a 1.75 percent interest rate?
You would earn 1750.
Would the statement 'Simple Interest is interest earned on interest' be True or False?
False. Interest upon interest is compounded interest
How much interest would 100000 dollars make in one year?
At six percent, you would make about $6000.
How much interest earned on 4000000 in one year?
The interest earned on $4,000,000 in one year depends on the interest rate applied. For example, at an annual interest rate of 2%, the interest would be $80,000. At 5%, it would be $200,000. To determine the exact amount, you would need the specific interest rate used.
How much interest would 100000000 dollars make in one year?
The amount of interest earned on $100,000,000 in one year depends on the interest rate. For example, at an annual interest rate of 1%, the interest would be $1,000,000. If the rate were 5%, the interest would increase to $5,000,000. Therefore, the specific interest earned varies based on the interest rate applied.
How much interest earned on 20000 at 2.5 percent interest?
To calculate the interest earned on $20,000 at an interest rate of 2.5%, you can use the formula: Interest = Principal × Rate × Time. For one year, this would be $20,000 × 0.025 × 1 = $500. Therefore, the interest earned on $20,000 at 2.5% for one year is $500.
How much interest would you make off 1000000 a year?
The amount of interest earned on $1,000,000 in a year depends on the interest rate and the type of account. For example, at a 1% annual interest rate, you would earn $10,000 in interest. If the rate were 5%, you would earn $50,000. Always consider whether the interest is simple or compounded, as this will also affect the total interest earned.
How much interest is earned on the new principal the following year?
To determine how much interest is earned on the new principal the following year, you need to know the interest rate and the amount of the new principal. Multiply the new principal by the interest rate (expressed as a decimal) to find the interest earned. For example, if the new principal is $1,000 and the interest rate is 5%, the interest earned would be $1,000 x 0.05 = $50.
How much interest will 1000000000 make in a year?
The interest earned on $1,000,000,000 in a year depends on the interest rate and type of account or investment. For example, if the annual interest rate is 2%, the interest earned would be $20,000,000. Conversely, at a higher rate of 5%, the interest would amount to $50,000,000. Therefore, the exact interest can vary significantly based on these factors.
If a firm has both interest expense and lease payments would times interest earned be smaller than fixed charge coverage?
times interest earned be smaller than fixed charge coverage
