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How much interest will be earned if 20000 is deposited in a bank at 6 percent interest?
6 ÷ 100 × 20000 = 1200
How much money is earned if 20000 is deposited at 1 percent for 1 yr?
It is 200.
How much interest is earned for the investment 20000 for 2 years at 5 compounded annually?
To calculate the interest earned on an investment of $20,000 compounded annually at a rate of 5% for 2 years, you can use the formula for compound interest: ( A = P(1 + r)^n ), where ( A ) is the amount of money accumulated after n years, ( P ) is the principal amount, ( r ) is the annual interest rate, and ( n ) is the number of years. Plugging in the values: ( A = 20000(1 + 0.05)^2 = 20000(1.1025) = 22050 ). The interest earned is ( A - P = 22050 - 20000 = 2050 ). Thus, the interest earned over 2 years is $2,050.
How much interest will be earned on 1250 at a 5 percent interest annually?
5% ($72.50) per year.
How much interest is earned 1000 x 2.5 percent for 8years?
200 intrest
How much interest will be earned if 20000 is deposited in a bank at 6 percent interest?
6 ÷ 100 × 20000 = 1200
How much interest is earned for the investment for 20000 for 2 years at 6 percent compounded annually?
Total value = 20000*(1.06)2 = 22472 So interest = 2472
How much interest would i have if its .05 percent of 20000?
0.05% of 20000 = 10
How much money is earned if 20000 is deposited at 1 percent for 1 yr?
It is 200.
How much interest will 20000 earn in two years if invested at 6 percent compounded semiannually?
$5,249.54
How much interest will be earned on an investment of 8000 at 10 percent simple interest for 3 years?
$2400
How much interest will be earned on 1250 at a 5 percent interest annually?
5% ($72.50) per year.
How much interest is earned for 1 years 20000.00 at 2 percent?
400.
If you deposit 20000 in a savings account at 9.1 percent interest per year how much will you have in 17 years?
50,940 dollars
How much interest is earned 1000 x 2.5 percent for 8years?
200 intrest
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
How much interest wll be earned if 20000 is deposited in a bank at 8.5 percent per annum?
The formula to calculate interest is (p * n * r)/100 where P - Principal amount deposit - Rs. 20,000/- N - Number of years - 1 year R - Rate of interest - 8.5% So interest = Rs. 1,700/- per year.
