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To calculate the monthly interest from an investment of $50,000 at a 3% annual interest rate, you first divide the annual rate by 12 months. This gives you a monthly interest rate of 0.25% (3% ÷ 12). Multiplying this monthly rate by the principal amount ($50,000) results in a monthly interest of $125.
What else can I help you with?
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 200 invested at 7 percent interest compounded monthly be worth after 5 years?
283.52
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
You have 50000 for down-payment and you want to borrow 250000 from bank.current mortgage interest rate is 6 percent . If you equal monthly payments for 15 years how much will monthly mortgage be?
An amortization table would give you the answer. If this is a real life situation and you are in the US you would be getting screwed at this rate of interest.
How much interest will 50000 earn at 3 percent for one year?
In simple interest, 50,000 would earn 1,500 in one year.
What would be the monthly payment on a 90000 mortgage at a rate of 7.5 percent interest for 30 years?
677.00
How much would 500 invested at 6 percent interest compounded monthly be worth after 4 years?
635.24
How much would 100 invested at 8 percent interest compounded monthly be worth after 6 years?
161.35
How much would 200 invested at 5 percent interest compounded monthly be worth after 9 years?
313.37
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 4 percent interest compounded monthly be worth after 30 years?
648.68
How much would 200 invested at 7 percent interest compounded monthly be worth after 5 years?
283.52
How much would 400 invested at 9 percent interest compounded monthly be worth after 4 years?
572.56
How much will 25000 be worth in 18 years if it is invested at 6 percent compounded monthly?
$73053.88 when compounded month your yearly rate would be 0.061678% * * * * * True, but in real life the quoted interest rate, "6 percent compounded monthly", should read "an interest rate, such that, if it were compounded monthly, would give an annual equivalent rate of 6 percent". The equivalent of 6% annual is 0.487% monthly since 1.0048712 = 1.06
