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A man invest 20000 at an annual interest rate of 17 percent and 1200 at an annual interest rate of 7.5 percent what was his annual income on the two investments?
17% of 20,000 = 3,4007.5% of 1,200 = 903,400 + 90 = $3,490
What does Personal Debt Ratio 99 percent mean?
It means that the person's debt is equivalent to 99 percent of their [annual] income.
A man invests 20000 at an annual interest rate of 7 percent and 12000 at an annual interest rate of 7.5 percent what was his annual income on the two investments?
O.K. First of all, you need to know that I = P X R X T...Interest equals principal times rate times time. I = 20000 X .07 X 1 ++++++++++++++++ I =12000 X .075 X 1 (That's 7% above and 1 is for 1 year, see?) I = $1,400 I = $900 Now, add the two numbers above, 1400 + 900 = $2,300. That's it, easy huh?
How do you calculate our annual income?
i am not good in maths, but generally we can calculate annual income by multiplying our monthly income by 12.. as if know how much is our monthly income.. similarly by multiplying, we can find annual income on behalf of weekly income, or daily income or even on hourly income...
What would be the annual opportunity cost of a checking account that requires a 500 minimum balance to avoid service charges Assuming a rate of 3 percent?
The opportunity cost would be the potential missed income from placing the money in an interest bearing account. $500 times .03 = $15.
A man invest 20000 at an annual interest rate of 17 percent and 1200 at an annual interest rate of 7.5 percent what was his annual income on the two investments?
17% of 20,000 = 3,4007.5% of 1,200 = 903,400 + 90 = $3,490
What relation between income and interest?
Income is money coming in; it could be wages or capital gains, or interest on money invested. Interest is a percentage of money owed added to your bill when borrowing money, or the amount that you earn on money invested.
What is the formula for calculating interest coverage ratio?
operating income vefore interest and income taxes / annual interest expense
What percent of your annual income is safe to spend on health related insurance?
what percent of your annual income is safe to spend on health related insurance?
How do you use the words annual income in a sentence?
The accounts showed that the company's annual income had dropped by ten percent.
What Country Day's had 155000. CDs pay 5.75 interest bonds 3 interest and stocks 6.8 interest. They invest 50000 more in bonds than in CDs. annual income investments is 7912.5. invested in each vehicl?
DC: 15000Bonds: 65000 Stocks: 75000.
What is the annual rate of an investment 20000 at an annual interest rate of 7 and 12000.00 at an annual interest rate of 7.5 what was his annual income on the two investment?
Devon has a lil dick
What is the journal entry if i received 10000 as a interest income and 10 percent percent advance income tax paid?
debit cash 9000debit tax 1000credit interest income 10000
How can one find the annual yield of an investment?
To find the annual yield of an investment, you can calculate it by dividing the annual income generated by the investment by the initial amount invested, and then multiplying by 100 to get a percentage.
Invested 53200 cash in the common stock of XYZ a 4 percent interest. Received the quarterly dividend of 1450 from the investment in XYZ. Journalize dividend transaction?
[Debit] Cash 1450 [Credit] dividend income 1450
What is the top 2 percent of wage earners in America Annual Income?
250,000
The top 7 percent of wage earners in America annual income?
120,000
