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Earn +20 ptsQ: How do you calculate interest on capital?
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How do YOU calculate interest on working capital at the rate of 12 percent per annum?
(Amount of working capital/100)*12
How do you calculate 5 percent interest per year compounded annually for 500 three years from today?
A 5% increase means that your capital increases by a factor of 1.05 each year. After three years, your capital will increase by a factor of 1.05 x 1.05 x 1.05, or 1.053. Calculate this and multiply it by the initial capital.
How can you calculate your CD interest rate?
To calculate CD interest rate, all you have to do is to just multiply the principal amount you have invested in CD with interest rate. If u want to calculate for the monthly interest then divide the resultant with 12.
How to calculate interest?
Pmt/principal
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%.
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