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Earn +20 ptsQ: How much monthly interest would you make from 50000 at 3 percent interest?
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How much interest will 50000 earn at 3 percent for one year?
In simple interest, 50,000 would earn 1,500 in one year.
How much would 100 invested at 8 percent interest compounded monthly be worth after 6 years?
161.35
How much would 200 invested at 8 percent interest compounded monthly be worth after 6 years?
322.7
How much would 100 invested at 9 percent interest compounded monthly be worth after 7 years?
187.32
How much would 200 invested at 7 percent interest compounded monthly be worth after 5 years?
283.52
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