answersLogoWhite

0

What else can I help you with?

Related Questions

Six hundred dollars is borrowed at an interest rate of 1.4 percent per month Find the interest for a 30-month period?

252


What is the monthly interest payment on 30 thousand dollars borrowed against a credit card with 30.0 percent apr?

$750 / month in interest rates.


Eight hundred dollars is borrowed at an interest rate of 1.5 percent per month Find the interest paid over a period of 5 months?

$60.00


What is the interest for a 30-month period on six hundred dollars borrowed at the interest rate of 1.4 percent per month?

28.6


How much interest would you gain from 2000 dollars at 6 percent for five years?

Assuming simple interest, just multiply 2000 dollars x (6/100) x 5. For compound interest, the formula is a bit more complicated. You would get some more interest in the case of compound interest.


What is 5 percent interest of 40000 dollars?

2000


What is 5 percent interest on 5000 dollars?

250.00.


What is the interest on 900.00 at 18 percent?

162 dollars


Formula for calculating compound interest?

P*(1+R/100)powerT where P= money borrowed or principal and R= rate in percent and T= time * * * * * Actually, this formula gives the value of the principal PLUS interest. You need to subtract P from the answer to get the compounded interest.


What is the monthly interest payment on 10 thousand dollars borrowed against a credit card with 19.9 percent APR?

Your monthly payment, assuming you have quoted the interest rate correctly, should be $165.83 if you pay this off in one year (12 monthly payments)


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.


If 1100 is borrowed for 2 years at 9 percent simple interest how much interest is paid?

It is 1100*(2/100)*9 = 198