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Ryan wants to place 700 into a savings account for five years He wants to deposit 400 at 4.0 percent interest and the rest in another account at 6.5 percent interest What would his amount of interest?
177.50
How much interest is earned on 269 at 10 for five years?
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.
Calculate the simple interest you would receive in five years on a saving account that earns 7.5 annual interest Your beginning balance is 1236.59?
The simple interest over a period of five years is $463.70
Calculate the simple interest you would receive in five years on a savings account that earns 7.5 annual interest. What if your beginning balance is 1236.59.?
To calculate simple interest, use the formula: ( \text{Interest} = P \times r \times t ), where ( P ) is the principal amount, ( r ) is the annual interest rate (in decimal), and ( t ) is the time in years. For a beginning balance of $1236.59 at an annual interest rate of 7.5% (or 0.075), the interest earned in five years would be: [ \text{Interest} = 1236.59 \times 0.075 \times 5 = 462.21. ] Thus, you would receive $462.21 in interest after five years.
What is the future value of a 900 annuity payment over five years if interest rates are 9 percent?
To calculate the future value of a $900 annuity payment over five years at an interest rate of 9 percent, you can use the future value of an annuity formula: FV = P * [(1 + r)^n - 1] / r, where P is the payment amount, r is the interest rate, and n is the number of periods. Plugging in the values: FV = 900 * [(1 + 0.09)^5 - 1] / 0.09. This results in a future value of approximately $5,162.80.
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?
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
Ryan wants to place 700 into a savings account for five years He wants to deposit 400 at 4.0 percent interest and the rest in another account at 6.5 percent interest What would his amount of interest?
177.50
Calculate the simple interest you would receive in five years on a savings account that earns 7.5 percent annual interest What if your beginning balance is 1236.59?
463.72
Is a loan modification only temporary?
Typically the modification is for five years. After five years the interest rate goes up by 1 percent until it tops out at 5.###. Fair market rate.
How much simple interest he would make in five years on the amount of 250.25 at 5.4 percent interest?
He would make 250*(5.4/100)*5 = 67.57
What is the total amount you would pay back on a simple interest loan with a principal of 10500 at 6.3 percent for five years?
13,807.50
What is the interest on a five year loan of 13950 at a 5.8 percent rate of interest?
"4045.50"
How much interest is 0.05 percent?
Five hundredths of one percent !
If you invested 20000 dollars for five years at 3 point 05 percent interest then how much would you make the first year?
700
How much will Amanda pay for her car total including interest Amanda bought a car for 8500 Her loan was for five years at a 4 6 percent interest rate?
$10,455 a+ls
