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Calculate the simple interest on a loan of 18500 at 11 percent annual interest for 18 months?

18 months is 1.5 years, so you'll pay (1.5 x 11) = 16.5 percent of the principle at the end of that time. 16.5 % of 18,500 = (0.165 x 18,500) = $3,052.50


What does the displacement vs time graph look like for an object thrown downward from a cliff?

The displacement vs. time graph for an object thrown downward from a cliff is a curved line that starts at the initial height and slopes downward. As time progresses, the slope of the graph becomes steeper, reflecting the increasing speed of the object due to gravitational acceleration. The curve is concave upward, indicating that the object is accelerating as it falls. Overall, the graph illustrates a non-linear relationship between displacement and time.


What does flactuated frequently mean?

"Fluctuated frequently" means that something has changed or varied often over a period of time. This could refer to prices, temperatures, or any measurable quantity that experiences regular ups and downs. The term suggests instability or inconsistency in the observed values.


Why do call options with exercise prices greater than the price of the underlying stock sell for positive prices?

Because of the way call options work. If someone was selling calls on $50 stock for $45, that means he would be giving away $5 per share because everyone in the world would buy his $45 stock, immediately sell it for $50, deduct the premium paid and come out with a nice little profit. Stock options are priced using a formula that estimates what the price of a stock should rise or fall to in a certain period of time.


Formula for calculating compound interest?

P*(1+R/100)powerT where P= money borrowed or principal and R= rate in percent and T= time * * * * * Actually, this formula gives the value of the principal PLUS interest. You need to subtract P from the answer to get the compounded interest.

Related Questions

Interest rate is 9 percent and doubling time is 8 years If you invest 5000.00 what will it grow to in 24 years?

Interest rate is 9 % and doubling time is 8 years. If you invest $5,000.00, what will it grow to in 24 years?


What is the doubling time for Enterococcus Faecalis?

The doubling time is around 26 minutes.


Interest rate is 5 percent and doubling time is 14.2 years If you have invested 7000.00 In how many years will you have 14000.00?

14.2 years


What is the doubling time of lacto bacillus?

The average doubling time of lactobacillus acidophilus is 1.8 hours at 40 degrees centigrade.


Is the value of hot wheels increasing as time goes by?

will hot wheel prices increase? they are so low now.


If real GDP grew at 3.5 percent last year and prices increased by 3 percent over the same time period then?

1.99


When is the doubling time of haiti?

89 years


What is the doubling time of Serbia?

6 hours


What is the doubling time in Canada?

24 years :)


If a population has a growth rate of 2.5 percent how long will it take to double?

To calculate the doubling time of a population with a growth rate of 2.5 percent, you can use the Rule of 70. The Rule of 70 states that you divide 70 by the growth rate to determine the doubling time. In this case, 70 divided by 2.5 equals 28. Therefore, it would take approximately 28 years for the population to double with a growth rate of 2.5 percent.


An exponential growth function represents a quantity that has a constant doubling time?

True


What is Japan's population doubling time?

289 years