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You deposit 750.00 in an account that earns 5 percent simple interest How much interest will your money earn in 6 months?
7.5 x 2.5 ie 18.75
What do you get if You deposit 750.00 in an account that earns 5 percent simple interest How much interest will your money earn in 6 months?
Two and a half percent of 750 ie 2.5 x 7.5 which is 18.75
How much is 72 lakh or 55.2 lakh?
72 lakh is 7,200,000 55.2 lakh is 5,520.,000
1billion equal to how much lakh?
1 lakh = 100,0001 billion = 1,000,000,000 = 10,000 lakh
How much money is ten percent interest?
It's 1/10th of the amount you put in. The more you deposit or invest, the more interest you get.
How much interest will a deposit of rs 1 lakh fetch in 1 month in sbi?
1lakh willget
How much interest you get you deposit of rs 1 lakh in 1 month in sbi?
The interest you earn on a deposit of Rs 1 lakh in SBI for one month depends on the type of account and the prevailing interest rates. For a standard savings account, the interest rate is typically around 3-4% per annum. This would yield approximately Rs 250 to Rs 333 in interest for one month. For fixed deposits, the rates may be higher, so you would need to check the specific FD rates for accurate calculations.
You deposit 750.00 in an account that earns 5 percent simple interest How much interest will your money earn in 6 months?
7.5 x 2.5 ie 18.75
How much interest is earned in 9 months on a deposit of 7000 at 8 percent simple interest?
70 x 8 x 3/4 ie 420
How much interest will a deposit of rs 1lacs fetch in 1months in sb?
The interest earned on a deposit of ₹1 lakh in a savings bank account for one month depends on the bank's interest rate, which typically ranges from 3% to 4% annually. For example, if the interest rate is 3.5% per annum, the interest for one month would be approximately ₹291.67 (calculated as ₹1,00,000 x 3.5% / 12). However, this can vary based on the specific bank and its terms.
What do you get if You deposit 750.00 in an account that earns 5 percent simple interest How much interest will your money earn in 6 months?
Two and a half percent of 750 ie 2.5 x 7.5 which is 18.75
How much more interest would be earned on a 100000 CD for 9 months than for 6 months?
To calculate the difference in interest earned on a $100,000 Certificate of Deposit (CD) for 9 months versus 6 months, you need to know the annual interest rate. Assuming the rate is fixed, the interest for 9 months would be 0.75 times the annual interest, while for 6 months it would be 0.5 times the annual interest. The additional interest earned for the extra 3 months would be equal to one-fourth of the annual interest amount. Therefore, the specific difference depends on the annual interest rate of the CD.
Where could a person find the interest rates for certificates of deposit?
A person could the interest rates for certificates of deposit by using an interest rate calculator where the amount of the deposit is entered into an equation and the end result will be how much interest will be earned for the term you want.
You deposit 425 into a money market account for three months the account earns 2.5 simple interest how much money is in the account after three months?
yeah, you spelled monts instead of months, not sure i want to further this conversation your company.
How much money is needed to start a worldwide sales business in only six months?
1 lakh
Jo wants to put some money in a 15th month certificate of deposit accounts that pay 5 percent annual interest He wants the account to earn 200 in interest. How much money should he put in the account?
Amount to Deposit (P) = ? Time (N) = 15 months or 1.25 years Rate of Interest (R) = 5 Interest Earned = 200 Formula for Interest = P * N * R / 100 Rearranging the formula we get: P = Interest * 100 / N * R = (200 * 100) / 1.25 * 5 = 20000 / 6.25 = 3200 If they want to earn 200 interest they must deposit 3200 as the amount for the certificate of deposit.
How do you calculate how much interest rate should be given for 6 month saving deposit?
I calculate the interest rate should be given for 4 month saving deposit
