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It is 200000.
40% of 200000 = 200000*40/100 = 80000
5% of 200,000= 5% * 200000= 0.05 * 200000= 10,000
30% of 200,000= 30% * 200000= 0.3 * 200000= 60,000
6% of 200,000= 6% * 200000= 0.06 * 200000= 12,000
Invest at an amount of 200000 at a bank that offers an interest rate of 7,6%p.a Compounded annually for a period of 3 years
If the 5% is yearly, and it is compounded monthly, that means that the monthly interest rate is 5/12 percent. In this case, the base factor, in the formula for compound interest, is 1 + 5/1200. After one year (12 monthly periods), the capital would be 200000 x (1 + 5/1200)12. If you want to invest the money for two years (24 months), replace the exponent 12 by 24, etc.
The amount of interest one could expect to receive when having $200,000 in the bank would depend upon many factors. The bank in which the funds are located and the interest rates they offer will determine the amount of interest calculated on the balance in the account.
Assuming simple interest, you multiply the capital times the interest rate times the number of years.
310.5%
5% of 200000 = 5% * 200000 = 0.05 * 200000 = 10,000
It is 200000.
5% of 200,000= 5% * 200000= 0.05 * 200000= 10,000
40% of 200000 = 200000*40/100 = 80000
5% of 200,000= 5% * 200000= 0.05 * 200000= 10,000
30% of 200,000= 30% * 200000= 0.3 * 200000= 60,000
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