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How much interest will be paid in 1 year for a loan of 2500 at 9 1-2 percent simple interest?
237.5
Monique wants to take out a simple interest loan for 2500 at 6.7 percent for 3.5 years How much will she pay in interest?
586.25
VMonique wants to take out a simple interest loan for 2500 at 6.7 percent for 3.5 years How much will she pay in interest?
For simple interest, just multiply the capital (in this case 2500) times the interest rate (divided by 100) times the number of years.
How much interest will be paid in 1 year for a loan of at simple interest?
missing word
How much interest will be paid in 2 years for a loan of 1500 at 8.25 percent simple interest?
365$ give or take :)
Related Questions
How much interest will be paid in 1 year for a loan of 2500 at 9 1 2 percent simple interest?
558,92
How much interest will be paid in 1 year for a loan of 2500 at 9 1-2 percent simple interest?
237.5
How much will you repay on a simple interest loan of 2500 at 6.7 percent for 3.5 years?
Interest = 2500*0.067*3.5 = 586.25 So total repayment = 2500 + 586.25 = 3086.25
Monique wants to take out a simple interest loan for 2500 at 6.7 percent for 3.5 years How much will she pay in interest?
586.25
VMonique wants to take out a simple interest loan for 2500 at 6.7 percent for 3.5 years How much will she pay in interest?
For simple interest, just multiply the capital (in this case 2500) times the interest rate (divided by 100) times the number of years.
How much interest will be paid in 1 year for a loan of at simple interest?
missing word
Matt wants to take out a simple interest loan on a car priced at 14289 The interest rate is 3.5 percent for 5 years How much will he pay in interest during the term of the loan?
2500.58 (A+)
How much interest will be paid in 2 years for a loan of 1500 at 8.25 percent simple interest?
365$ give or take :)
How much is the interest on a simple interest loan with a principal of 3900 at 7.2 for three years?
To calculate the interest on a simple interest loan, you can use the formula: Interest = Principal × Rate × Time. Here, the principal is $3,900, the rate is 7.2% (or 0.072 as a decimal), and the time is 3 years. Plugging in the values: Interest = 3900 × 0.072 × 3, which equals $842.40. Therefore, the interest on the loan is $842.40.
How much will Pauline pay in interest if she takes out a simple interest loan with a principal of 3900 at 72 percent for three years?
842.40
If Patty is taking out a simple interest loan to buy her new 10689 car How much would she pay in interest it the rate is 4.5 percent and she pays the loan off in 4 years?
She will pay $1,924.02 in interest.
Patty is taking out a simple interest loan to buy her new 10689 car. How much would she pay in interest if the rate is 4.5 and she pays the loan off in 4 years?
She could have to pay $1924.02 in interest.
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