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Earn +20 ptsQ: What is one percent of the amount of the loan?
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Continue Learning about Math & Arithmetic
What will be the total amount for a 30 yr loan on 75000 at 6 percent?
75000*(1.06)30 = 430,761.83797 Call it 430,762
How do you figure two tenths of 1 percent of a dollar amount?
You figure what two tenths of one percent of an amount is by multiplying that original amount by 0.002 The result is two tenths of a percent of that amount.
If the principal on a loan is 2455 and the interest rate is 3 percent and the simple interest amount is 441.90 how long will it take?
6 years
How much interest is paid on a 20k loan after one year at 8 percent?
1600
How much is 5 years auto loan at 0.9 percent interest?
That would depend on the original principal (the amount you borrowed) and how they compute interest.
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