12% of 3000 dollars = 3000*12/100 dollars = 360 dollars.
3000*(7/100)*(6/12) = 105 dollars
Simple interest of £3000 over 5 years: 3000*0.035*5 = £525 Compounded interest of £3000 over 5 years: 3000*(1.035)^5 -3000 = £563.06 rounded to the nearest penny
3000
3000
12% of 3000 dollars = 3000*12/100 dollars = 360 dollars.
3000*(7/100)*(6/12) = 105 dollars
360
Simple interest of £3000 over 5 years: 3000*0.035*5 = £525 Compounded interest of £3000 over 5 years: 3000*(1.035)^5 -3000 = £563.06 rounded to the nearest penny
Well, darling, if you want to know what percent 360 is of 3000, just divide 360 by 3000, which gives you 0.12. Then, multiply that by 100 to get the percentage, which is 12%. So, 360 is 12% of 3000. Math doesn't lie, honey!
3000
3000
Simple interest: 144Compound interest: 152.64
If the interest is compounded then you would have 6584.91
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.
Express 3 percent as a decimal (0.03) and multiply by the original number =100000*0.03 =3000
3000*(1+3.25/100)5 = 3520.23 (rounded).