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To calculate the interest earned on $269 at a rate of 10% per year over five years, you can use the formula for simple interest: Interest = Principal × Rate × Time. This gives you: Interest = $269 × 0.10 × 5 = $134.50. Therefore, the total interest earned over five years is $134.50.
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How much interest is earned on an account with with 3000 for 5 years compounded at an annual interest rate of 7.5?
To calculate the interest earned on an account of $3,000 compounded annually at an interest rate of 7.5% over 5 years, you can use the formula for compound interest: ( A = P(1 + r)^n ), where ( A ) is the amount after time ( n ), ( P ) is the principal, ( r ) is the interest rate, and ( n ) is the number of years. Plugging in the values, ( A = 3000(1 + 0.075)^5 \approx 3000(1.441) \approx 4323.43 ). The interest earned is approximately ( 4323.43 - 3000 = 1323.43 ). Thus, the interest earned after 5 years is about $1,323.43.
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 is earned on R9 000 invested for five years at 8 percent per annum and compounded annually?
For compound interest F = P*(1 + i)^n. Where P is the Present Value, i is the interest rate per compounding period, and n is the number of periods, and F is the Future Value.F = (9000)*(1 + .08)^5 = 13223.95 and the amount of interest earned is 13223.95 - 9000 = 4223.95
How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?
3000
How much interest would 3000 bring in 4 years at 7 percent?
To calculate the interest earned on $3,000 at a 7% annual interest rate over 4 years, you can use the formula for simple interest: Interest = Principal × Rate × Time. Plugging in the values: Interest = $3,000 × 0.07 × 4, which equals $840. Therefore, the total interest earned would be $840 over the 4-year period.
How much interest will be earned on an investment of 8000 at 10 percent simple interest for 3 years?
$2400
How much interest is earned for 1 years 20000.00 at 2 percent?
400.
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
How much have the interest rates on mortgages changed in the last five years?
Five years ago, the interest rates on mortgages was only at 0.5 percent. As of today, interest rate on mortgage soared to 2.5 percent. That is 500 percent increase for the past five years.
Interest on five thousand at 6 percent for eleven how much is there?
Eleven..? months? years?. Simple or compound interest?
How much interest is earned on the account?
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?
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 is earned on R9 000 invested for five years at 8 percent per annum and compounded annually?
For compound interest F = P*(1 + i)^n. Where P is the Present Value, i is the interest rate per compounding period, and n is the number of periods, and F is the Future Value.F = (9000)*(1 + .08)^5 = 13223.95 and the amount of interest earned is 13223.95 - 9000 = 4223.95
How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?
3000
How much interest would 3000 bring in 4 years at 7 percent?
To calculate the interest earned on $3,000 at a 7% annual interest rate over 4 years, you can use the formula for simple interest: Interest = Principal × Rate × Time. Plugging in the values: Interest = $3,000 × 0.07 × 4, which equals $840. Therefore, the total interest earned would be $840 over the 4-year period.
Kevin wants to know how much simple interest he would make in five years on the amount of 250.25 at 5.4 percent interest?
67.57
How much simple interest is earned on a deposit of 800 at a annual rate of 5 percent after two years?
It is 80 currency units.
