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Earn +20 ptsQ: Unstated Interest on ten year note at 4.7 percent?
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What is the interest on a 10000 for 2 year at 11 percent note?
Total = 10000(1+i)n Total = 10000(1.2321)2 Total = 12321 Change = interest gained = 12321 - 10000 = 2321
What is the interest on P5000 for 1 year at 6 percent?
300
What is the percent of the princaple earned as interest in one year called?
The annual (or annualised) interest rate.
How much interest would you receive for 2000.00 at .5 percent interest for 1 year?
2010.00
How much interest will 900 earn in one year at 4.75 percent?
4.75 percent of 900 is 42.75 . A few pennies more if the interest is compounded at any time during the year. For example, if interest is compounded every month, then you have 43.69 at the end of the year.
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