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What is the interest on a 10000 for 2 year at 11 percent note?
Total = 10000(1+i)n Total = 10000(1.2321)2 Total = 12321 Change = interest gained = 12321 - 10000 = 2321
Jonathan invested a total of 10000 in 2 certificates of deposit 1 pays 5 percent interest and the other pays 6 percent interest his total interest at the end of 1 year is 560 how much is invested in t?
4000
5000 is invested at 3 percent interest How much money must be invested at 5 percent interest so that the total interest from the two investments is 275 after one year?
$2,500 is your answer
What is the simple interest on a 2500.00 loan at 11 percent interest for 3 years?
Total simple interest = 2500*11/100*3 = 825
Does an increase of 4 percent in the interest rate result in a 4 percent increase in the total interest paid?
Not usually. A "4 percent increase in the interest rate" usually means that there is some reference interest rate of x percent that is increased to 4 + x percent. This means that the interest paid increases from x percent of the principal to 4 + x percent of the principal. Therefore, the interest paid increases by 100 (4/x) %. For example, if a recent Federal funds rate of 1 % in the United States were to be increased by 4 %, the interest paid on any given amount of principal would increase by 400 %!
What is the interest on a 10000 for 2 year at 11 percent note?
Total = 10000(1+i)n Total = 10000(1.2321)2 Total = 12321 Change = interest gained = 12321 - 10000 = 2321
Jonathan invested a total of 10000 in two certificates of deposit One pays 5 percent interest and the other pays 6 percent interest His total interest at the end of one year is 560 How much is inves?
4000
Jonathan invested a total of 10000 in 2 certificates of deposit 1 pays 5 percent interest and the other pays 6 percent interest his total interest at the end of 1 year is 560 how much is invested in t?
4000
What is the percent of 10000 id 50000is the total?
It is 100*10000/50000 = 20%
Shirley invested a total of 12000 in two certificates of deposit one pays 6 percent interest and the other pays 7 percent interest her total interest at the end of one year is 790 how much is investe?
A+ 5000
5000 is invested at 3 percent interest How much money must be invested at 5 percent interest so that the total interest from the two investments is 275 after one year?
$2,500 is your answer
What is the formula for finding an interest rate on a 10000 loan paid at the end of three years total paid is 12600?
126
How do you calculate interest on 250.00 at 4 percent for 3 years?
Total = 250(1+i)3 Total = 250(1.124864) Total = 281.216 Interest = 281.216-250 = 31.216
Michael invested a total of 14000 in two certificates of deposit One pays 5 percent interest and the other pays 6 percent interest His total interest at the end of one year is 780 How much is invest?
6000=5% 8000=other CD
How do you get from compound interest after two years back to the original amount?
Suppose thye original amount is y and the rate of interest is r%. Then the total value after two years is y*(1+r/100)2 = y*(1 + r/50 + r2/10000) So the compound interest, alone, after 2 years is y*(r/50 + r2/10000) So y = compound interest/(r/50 + r2/10000)
After 6 years what is the total amount of a compound interest investment of 35000 at 4 percent interest compounded quarterly?
$44,440.71
What is the simple interest on a 2500.00 loan at 11 percent interest for 3 years?
Total simple interest = 2500*11/100*3 = 825
