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Q: 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?

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177.50

The simple interest over a period of five years is $463.70

tu hola

425000

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

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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.

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67.57

177.50

463.72

"4045.50"

He would make 250*(5.4/100)*5 = 67.57

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Five hundredths of one percent !

13,807.50

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