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Would a dollar tomorrow be worth more to you today when the interest rate is 20 percent or when it is 10 percent?
Wiki User
∙ 12y ago
10 percent.
Wiki User
∙ 12y ago
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Is 3 percent equal to 75 percent?
No. The best way to explain this is to look at it as 100 pennies, which equals a dollar. Three pennies would be 3% of a dollar, and 75 pennies would be 75% of a dollar (or 3/4 of a dollar). 3 percent is equal to 0.03, or 3/100, while 75 percent is equal to 0.75, or 75/100. Therefore, 3 percent is much, much less than 75 percent.
What percentage is a half?
That would be fifty percent. A half of a dollar is fifty cents, for example.
How much is an 18 percent tip?
It would depend on what the amount you were being charged in the first place was. You would be paying 18c in a tip for each dollar of the original charge.
If you deposit 10000 in a bank account that pays 10 percent interest anually how much would be deposited in your account after 5 years?
5000
What does 20 percent off 40.74 equal?
20% is $0.20 off of every dollar so it would be equal to $32.32. Hope I could help!
What would payments be on a six thousand dollar loan with a fourteen percent interest rate?
260.00
What would be the amount of compound interest on 8000 invested for one year at 6 percent compounded quarterly round your answer to the nearest dollar?
$491
How do you write one percent of a dollar?
You would write one percent of a dollar as $0.01
What is the interest on 3000 at 12 percent?
Simple interest would be 360
What is 13 percent interest on 8000?
Simple interest would be 1040
How do you find the percent paid on interest?
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
What is the interest earned on 3180 if it is invested at 6.5 percent for 3½ years rounded to the nearest dollar?
If compounded and assuming the amount was 3180 dollars, it would be 784 dollars.
What is 60 percent off 1 dollar?
A dollar is made up of 100 cents, so 60 percent of a dollar would be 60 cents.
How much would payments be on 59000 thousand dollar property with 10 percent down and 7.5 percent interest?
There are several calculators online that can offer assistance in calculating amortization schedule. In the case of this problem - a $59,000 morgage at 10% down and 7.5% interest over 30 years would be roughly $371.28 per month.
How much will a 1 dollar deposit be worth after 48 years if the interest rate paid by the bank is 6 percent?
At simple interest, it would be $3.88 (6 cents per year for 48 years = 2.88). At compound interest, credited annually, it would be $16.39 (rounded). At compound interest, credited quarterly, it would be $17.44 (rounded). Compounding means that once credited, the interest becomes part of the principal for the next interest period.
How much interest would you receive for 2000 at 1 percent interest rate for 1 year?
1 percent of 2,000 is 20 .
How much is 10 percent interest?
10% interest means that for every dollar, you pay back $1.10. Interest is usually given as an annual rate, so you would owe that much at the end of one year. So if you borrow $100, at the end of a year you will owe $110.
