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What is the interest on 3000 at 12 percent?
Simple interest would be 360
What is 13 percent interest on 8000?
Simple interest would be 1040
How do you find the percent paid on interest?
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
How much would you make if you had 200000000 making 4 percent interest?
Gross interest = 200000000*4/100 = 8000000. What you will make will depend on what the taxman takes away first!
What is 20 million in numbers?
That would be 20,000,000
If two banks offer risk-free interest rates on both savings and loans but one is 5.5 percent and the other is 6 percent what arbitrage opportunity is available?
Arbitrage OpportunityArbitrage opportunity is any situation in which it is possible to make a profit without taking any risk or making any investment. The arbitrage opportunity that is available is to borrow from the bank with 5.5 percent interest and deposit it in the one with 6 percent interest. And this would happen: While the bank with 5.5 interest would experience a demand for loans, the bank with 6 percent interest would experience a surge in deposits. As a result, the interest rate at the first bank would increase while the interest rate at the second bank would decrease.
What is the interest on 3000 at 12 percent?
Simple interest would be 360
What is 13 percent interest on 8000?
Simple interest would be 1040
How do you find the percent paid on interest?
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
Would a dollar tomorrow be worth more to you today when the interest rate is 20 percent or 10 percent?
A dollar tomorrow would be worth more to you today when the interest rate is 10 percent compared to 20 percent. This is because a lower interest rate results in a smaller discounting effect, making the present value of that future dollar higher. At 10 percent, the future value is discounted less, meaning it retains more of its worth in today's terms. Conversely, at 20 percent, the dollar's present value decreases more significantly, making it less valuable today.
How much would you make if you had 200000000 making 4 percent interest?
Gross interest = 200000000*4/100 = 8000000. What you will make will depend on what the taxman takes away first!
How much interest would you receive for 2000 at 1 percent interest rate for 1 year?
1 percent of 2,000 is 20 .
What is 20 million in numbers?
That would be 20,000,000
How much interest would you receive for 2000.00 at .5 percent interest for 1 year?
2010.00
How much interest would I earn in one year on 100000 with a 1.75 percent interest rate?
You would earn 1750.
Would a dollar tomorrow be worth more to you today when the interest rate is 20 percent or when it is 10 percent?
10 percent.
What is an example of an inexpensive loan and a medium price loan and a expensive loan?
An inexpensive loan is one with a 0.12 percent interest rate. A medium price loan would be about a 6.5 percent interest rate. Lastly, an expensive loan would be one with an interest rate of 15 percent or more.
