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What is the rate of interest if a certain sum of money at compound interest becomes Rs. 7396 in two years and Rs 7950.7 in three years. find the rate of interest?
The difference between 2 years and 3 years is another addition of the interest. 7396 × (1 + rate/100) = 7950.7 → rate = (7950.7/7396 - 1) × 100 = 7.5 % compounded per year.
How do you calculate effective interest rate of a simple interest of ten per cent for three years?
2(3)(10)/4 = 15%
What is the interest rate to double money in seven years?
If you have an annual interest rate then is 10.405%
What is the current interest rate for a three month CD?
The current interest rate for a three-month CD is around 0.15 to 0.25.
At what rate of simple interest will the interest on Rs 925 be two-fifth of it in 8 years?
At what rate of simple interest will the interest on Rs.925 be two-fifth of it in 8 years?
What interest rate does Capitol One Bank have?
Capitol One is a credit card, not a bank. All of their credit cards offer an interest rate of 19.8%, except for their Platinum Mastercard. That offers and extremely competitive interest rate of only 5.99% for the first three years.
150 if invested for three years at a 9 percent interest rate?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
What is an IRA CD?
its an IRA with a fixed interest rate for some period of time between six months and three years.
What is the formula for finding an interest rate on a 10000 loan paid at the end of three years total paid is 12600?
126
What is interest of rs 200000 at the rate of 11.5 percent per annum for 3 years?
Assuming simple interest, you multiply the capital times the interest rate times the number of years.
What are monthly payments on a 14000 car loan?
Depends on your interest rate and the length of the loan... could be one year, two years, three years, etc.
What is the annual interest rate if i invested 7580 and in 5 years i have 3126.75?
If you invested 7580 and after 5 years you have 3126.75 then the annual interest rate is negative. It is -16.23%.
