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5 percent interest compounded annually means percent paid every?

year


What does 4.9 percent p. a. interest mean on a credit card?

It means the percent of interest paid annually (p.a. means per annum).


How much interest will be earned on 1250 at a 5 percent interest annually?

5% ($72.50) per year.


What is the simple interest paid annually for 5 years on a 700 loan at 11 percent per year?

The interest paid annually is 700*5/100 = 35


How do you converts interest rate from compounding quarterly to compound annually?

Interest of r% per quarter is equivalent to {(1+r/100)4 - 1} percent annually.


How much interest would be paid on 11000.00 at 6 percent per month?

11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.


What is the monthly interest rate of 18 percent annually?

With simple interest, it is 1.5% per month. If compounded, it is 1.389% approx.


How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?

Interest = 2472


What is compound interest on 15000 at 6 percent compounded annually for 2 years?

1257


What is 20000 in 20 years with 7 percent interest compounded annually?

It is approx 77393.69 units of currency.


Eric earns 6.5 percent simple interest annually on his savings account he has a beginning balance of 459.32 How much interest does he receive?

29.86


What is the future value of 100000 dollars with 5 percent interest in 10 years?

Assuming interest is paid annually, 100000*(1.05)10 = 162889.46