The unstated interest on a ten-year note at 4.7 percent refers to the implied interest income over the duration of the note, which is typically calculated based on the principal amount. If the note is issued at par value, the interest income can be computed by multiplying the principal by the interest rate and the term of the note. For example, on a $1,000 note, the total interest over ten years would be $470. However, if the note is sold at a discount or premium, the actual cash flows may differ, affecting the effective yield.
Total = 10000(1+i)n Total = 10000(1.2321)2 Total = 12321 Change = interest gained = 12321 - 10000 = 2321
To calculate 3 percent interest on $7,500 over one year, you multiply $7,500 by 0.03 (which represents 3 percent). This gives you $225. Therefore, the interest earned on $7,500 at a 3 percent rate over one year is $225.
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.
300
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.
(Face Value of Note) x (Annual Interest Rate) x (Time in Terms of One Year) = Interest
Total = 10000(1+i)n Total = 10000(1.2321)2 Total = 12321 Change = interest gained = 12321 - 10000 = 2321
$4,500
150,000 per year (simple interest, no compounding)
"4045.50"
1 percent of 2,000 is 20 .
year
That's not a number.
6000 is the interest for 4 months on a 50000 note. 1500 is the interest for 1 month at a rate of 9 per year which gives 18000 per year.
The interest for 1 year is 37.00, whether it is simple or compound interest.
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.
300