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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
How much interest will be paid in 2 years for a loan of 1500 at 8.25 percent simple interest?
365$ give or take :)
What is the difference of simple interest and simple discount?
Simple interest refers to interest that is only paid on principal. Simple discount refers to the amount that is deducted from the amount of the loan.
How much is the interest rate on 14289.00 at 3.5 percent for five years how much will you pay in interest on a loan?
The interest rate is given in the question. It is 3.5%.The amount of interest paid on the loan depends on how much of the loan (if any) is paid back during the period of the loan. If there are no interim payments, the total interest at the end of 5 years is 2681.85 approx.
How much interest will be paid in 1 year for a loan of 2500 at 9 12 simple interest?
Assuming the interest rate is 91/2 (the format is garbled in the question), the answer is 2500*0.095 = 237.50
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 interest will be paid in 2 years for a loan of 1500 at 8.25 percent simple interest?
365$ give or take :)
What is the difference of simple interest and simple discount?
Simple interest refers to interest that is only paid on principal. Simple discount refers to the amount that is deducted from the amount of the loan.
How much is the interest rate on 14289.00 at 3.5 percent for five years how much will you pay in interest on a loan?
The interest rate is given in the question. It is 3.5%.The amount of interest paid on the loan depends on how much of the loan (if any) is paid back during the period of the loan. If there are no interim payments, the total interest at the end of 5 years is 2681.85 approx.
How much interest will be paid in 1 year for a loan of 2500 at 9 12 simple interest?
Assuming the interest rate is 91/2 (the format is garbled in the question), the answer is 2500*0.095 = 237.50
What is the simple interest paid annually for 5 years on a 700 loan at 11 percent per year?
The interest paid annually is 700*5/100 = 35
How much interest is paid on a 20k loan after one year at 8 percent?
1600
How much interest is paid on a 52000 loan if the monthly payments are 450.23 for years?
110,082.80
Wanda took out a personal loan for 16 000 at 9 percent simple interestHow much interest will she pay after 5 years?
Total interest paid in 5 years = 5*16000*0.09 = 7200
What are the advantages to an amortization loan?
The advantages of an amortization loan is that there is much less of a credit risk and there is also much less of an interest rate risk because the loan is paid quicker so there is less effect from the interest rate.
How much mortgage interest will I pay over the life of my loan?
The amount of mortgage interest you will pay over the life of your loan depends on the loan amount, interest rate, and term of the loan. Generally, the longer the loan term and the higher the interest rate, the more interest you will pay. You can calculate the total interest paid by multiplying the monthly interest payment by the number of months in the loan term.
