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How do you calculate 2 percent interest per month on overdue accounts?

Anonymous

∙ 12y ago

Updated: 9/20/2023

1500 dollars

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∙ 12y ago

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Q: How do you calculate 2 percent interest per month on overdue accounts?

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How much is 3 percent interest on 6000?

To calculate 3 percent interest on $6,000, multiply $6,000 by 0.03. This equals $180. Therefore, 3 percent interest on $6,000 is $180.

Calculate the annual interest rate on a credit card if the monthly interest is 1.2 percent?

14.4%

Draw a flow chart to calculate simple interest with 10 percent rate if time is greater than 2 yrs otherwise calculate simple interest with 5 percent?

Draw a flow chart to calculate simple interest with 10% rate if time is greater than 2 yrs otherwise calculate simple interest with 5%.

Calculate interest on 90000 4.5 percent over 5 years?

112,000

If you have an account with an annual simple interest rate of 2.1 percent. You have a principle of 450.00. calculate your interest and your principle for two years?

18.90currency as an interest..

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Related Questions

How much is 3 percent interest on 6000?

To calculate 3 percent interest on $6,000, multiply $6,000 by 0.03. This equals $180. Therefore, 3 percent interest on $6,000 is $180.

Where can you find information on high interest accounts?

The highest interest accounts can be found in Savings accounts. Banks may offer specials of up to three percent in order to get your business. A more common rate is 1.5%.

Calculate the annual interest rate on a credit card if the monthly interest is 1.2 percent?

14.4%

Draw a flow chart to calculate simple interest with 10 percent rate if time is greater than 2 yrs otherwise calculate simple interest with 5 percent?

Draw a flow chart to calculate simple interest with 10% rate if time is greater than 2 yrs otherwise calculate simple interest with 5%.

What is the interest on savings accounts?

Savings accounts with traditional banks typically do not have high interest rates. Banks such as Ally or ING Direct offer slightly higher interest rates that are approximately .75 to 1 percent.

Calculate the amount of interest on a loan of 3200 at 6 percent interest for 60 days using the ordinary interest method?

32

Shaun wants to split his 500 into two accounts He wants to deposit 125 at 4.9 percent interest in one account and the rest at 5.0 percent interest in another account?

24.88

What does this mean by accounts will be subject to a penalty when the account is beyond 10 days overdue at the rate of 2 percent a month?

There is a due date on the payment, if you miss that, the charge added to your balance is 2 percent per month till you get current.

Calculate the daily interest rate on an annual rate of 17.7 percent?

0.04849%

Calculate interest on 90000 4.5 percent over 5 years?

112,000

How do I Calculate interest on 100000?

To calculate an interest (as money), multiply the capital, times the interest rate (divided by 100, if it is expressed in percent), times the number of periods. The above assumes simple interest; compound interest is a bit more complicated.

If you have an account with an annual simple interest rate of 2.1 percent. You have a principle of 450.00. calculate your interest and your principle for two years?

18.90currency as an interest..

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