It is 300.
Interest for 1st year = $6 Principal after 1 year = $206 Interest for 2nd year = $6.18 Principal after 2 year = $212.18 Total Interest earned after 2 years = $12.18
That depends on exactly how the interest is calculated. If its calculated once per year the answer would be: 3000 * 16 = 48.000 / 100 = 480,- If your interest is calculated per month or per 3 months the interest is going to be slightly more.
300
2010.00
It is 300.
I=Prt I= 250*1*0.067 = 16.75
Interest for 1st year = $6 Principal after 1 year = $206 Interest for 2nd year = $6.18 Principal after 2 year = $212.18 Total Interest earned after 2 years = $12.18
3.5% of 40,000 = 40,000*3.5/100 = 1400
"4045.50"
150,000 per year (simple interest, no compounding)
$4,500
That depends on exactly how the interest is calculated. If its calculated once per year the answer would be: 3000 * 16 = 48.000 / 100 = 480,- If your interest is calculated per month or per 3 months the interest is going to be slightly more.
1 percent of 2,000 is 20 .
year
That's not a number.
The interest for 1 year is 37.00, whether it is simple or compound interest.