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If you borrow 1000 at 7.5 percent interest for 12 months ch interest will you pay?
Wiki User
∙ 2012-07-21 05:22:00
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Wiki User
∙ 2012-07-21 05:22:00
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If you deposited 1000 in a savings account that pays 8 percent interest quarterly how much could you have in eighteen months?
1000*(1.08)6 = 1586.87.
What do you understand by interest?
Among other things, it refers to a payment you make to borrow money. For example, you borrow 1000 dollars, and after a while, you pay back the 1000 dollars, plus an additional amount. This additional amount is called the "interest".
Bens 1000 bond earns 7.5 percent in annual interest What is the annual interest?
75
How much interest will you pay on a loan of 1000 over 3 years at an APR of 7.5 percent?
It depends on how often the interest is calculated but if the AER (Annual Equivalent Rate) is 7.5%, you will pay 1000*(1.075)3 - 1000 = 1242.30 - 1000 = 242.30 in interest. This assumes that none of the capital is paid back.
Matthew invests 1000 at 8 percent compounded annually for 2 years Find the compound interest?
Total after 2 years = 1000*(1.08)2 = 1000*1.1664 =1166.40 So interest = Total - Inirial capital = 1166.40 -1000 = 166.40
If you deposited 1000 in a savings account that pays 8 percent interest quarterly how much could you have in eighteen months?
1000*(1.08)6 = 1586.87.
What is 1000 pesos interest for 2.5percent?
1000+2.50 percent
What do you understand by interest?
Among other things, it refers to a payment you make to borrow money. For example, you borrow 1000 dollars, and after a while, you pay back the 1000 dollars, plus an additional amount. This additional amount is called the "interest".
How much interest is 6 percent on 1000 000?
60,000
Earl's 1000 bond earns 6.2 percent in annual interest What is the annual interest?
62
What is 15 percent interest on 1000?
The annual interest is 150 Add this to your originial investment and you have 1,150
Bens 1000 bond earns 7.5 percent in annual interest What is the annual interest?
75
What is the simple interest of a loan for 1ooo with 5 percent interest after 3 years?
Simple interest = 1000 * 5/100 * 3 = 150
What is the simple interest of a loan for 1000 with 5 percent interest after 3 years?
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.
What is the simple interest of a loan for 1000 with 5 percent interest after 5 years?
$150. 5% interest per $1000 is $50 per year. You had the loan 3 years- $50 x 3.
How much interest is earned 1000 x 2.5 percent for 8years?
200 intrest
How much interest does Cash Net USA charge?
The interest that Cash Net charges depends on the amount of the loan (how much you borrow, i.e., $100 vs $1000) and the duration of the loan (for how long you borrow, i.e., 1 week vs 1 month).
