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What is the maturity value of a loan of 49583 after 18 months if the loan carries a simple interest rate of 8.3 per year?
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What does borrowing 20 thousand dollars at simple interest rate of 8.9 per cent for 72 months mean?
Simple interest is calculated: Interest= Principle X Rate X Time. In this case Interest= 20000 X .089 X 6 (72 months= 6 yrs) which equals $10680 in interest. You would owe/pay $30680 at the end of the 72 months.
What simple interest rate is equivalent to the simple discount rate 6.5 in discounting an amount in 6 months?
.5
How much interest would you earn in 6 months on an account that pays 6.5 percent simple interest on 654.89?
21.28
How much interest would you earn in six months on an account that pays 6.5 percent simple interest on 654.89?
21.28
How much simple interest does $2000 earn in an account for six months at a rate of 7.5%?
75$
You want to borrow 125 from your dad if he loans you money for 2 months at 6 interest per month how much do you owe him?
Simple interest 140.00, compound interest (where interest is added to the previous months interest) 140.45
What is the simple interest the rate if the interest is 1210 the principle is 15000 and the time is 11 months?
The formula for interest is I = rtP. Then r = I/tP, where t = 11/12. This calculates to a simple interest rate of 8.8 percent.
What does borrowing 20 thousand dollars at simple interest rate of 8.9 per cent for 72 months mean?
Simple interest is calculated: Interest= Principle X Rate X Time. In this case Interest= 20000 X .089 X 6 (72 months= 6 yrs) which equals $10680 in interest. You would owe/pay $30680 at the end of the 72 months.
Interest on five thousand at 6 percent for eleven how much is there?
Eleven..? months? years?. Simple or compound interest?
How many months will Rita pay in simple annual interest on a credit card that charges on her balance?
14 months
What simple interest rate is equivalent to the simple discount rate 6.5 in discounting an amount in 6 months?
.5
How much interest would you earn in 6 months on an account that pays 6.5 percent simple interest on 654.89?
21.28
How much interest would you earn in six months on an account that pays 6.5 percent simple interest on 654.89?
21.28
How much simple interest does $2000 earn in an account for six months at a rate of 7.5%?
75$
How do you find simple interest for 6 months?
Take the annual interest rate, divide it by 2 and multiply it by the amount you invested or borrowed.
Is a simple interest loan calculator simple?
Yes, usually these calculators just allow you to put in the principal amount of the loan, number of months the loan is over, and the interest rate and it helps you figure out your problems.
How much simple interest would Kaitlyn earn on 300 at 6 percent for 6 months?
54
