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1000 is invested at 6 percent simple interest for 5 years how much is the earnings?
300 :D
What is the formula to calculate 1000 invested at 8 percent for 5 years?
Assuming interest is compounded annually, 1000*(1.08)5
1000 is invested at 9 percent simple interest for 3 years. how much is the earnings?
9% of 1000 is 9*1000/100 = 90. Since it is simple interest, it generates earnings of 90 each year, or 270 in 3 years.
1000 is invested at 9 percent simple interest for 3 years This investment earns?
Interest = (Principal x Time X Rate)/100 so in this case interest = (1000 x 3 x 9)/100 = 2700/100 = 27
To how much will 1000 grow to if it is invested at 12 percent per annum for nine years compounding annually?
1000*(1 + 12/100)9 = 1000*(1.12)9 = 2773.08
1000 is invested at 6 percent simple interest for 5 years how much is the earnings?
300 :D
What is the formula to calculate 1000 invested at 8 percent for 5 years?
Assuming interest is compounded annually, 1000*(1.08)5
1000 is invested at 9 percent simple interest for 3 years. how much is the earnings?
9% of 1000 is 9*1000/100 = 90. Since it is simple interest, it generates earnings of 90 each year, or 270 in 3 years.
How long must 1000 invested at an annual interest rate of 3 percent to earn 300 in a simple interest?
>I=Prt > 300=1000(0.03)t > t=10 Time duration will be 10 years.
1000 is invested at 9 percent simple interest for 3 years This investment earns?
Interest = (Principal x Time X Rate)/100 so in this case interest = (1000 x 3 x 9)/100 = 2700/100 = 27
What is the future value of 1000 invested at 8 percent for 7 years?
Future value = 1000*(1.08)7 = 1713.82
What is the simple interest of a loan for 1000 with 5 percent interest after 3 years?
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.
What is the simple interest of a loan for 1000 with 5 percent interest after 5 years?
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.
To how much will 1000 grow to if it is invested at 12 percent per annum for nine years compounding annually?
1000*(1 + 12/100)9 = 1000*(1.12)9 = 2773.08
If you invested 1000 dollars in 1975 what is value today?
If you would have gotten 10% interest, your money would have doubled every 7 years.
What is the simple interest of a loan for 1ooo with 5 percent interest after 3 years?
Simple interest = 1000 * 5/100 * 3 = 150
Matthew invests 1000 at 8 percent compounded annually for 2 years Find the compound interest?
Total after 2 years = 1000*(1.08)2 = 1000*1.1664 =1166.40 So interest = Total - Inirial capital = 1166.40 -1000 = 166.40
