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How do you calculate interest rate of a number?
The simple interest rate of a number is represented by the following formula: i = (T / P) - 1 Where: i = interest rate T = total of all payments P = principal amount For example, what is the interest rate if I borrowed $500 and paid back $50 per month for a year? T = $50/month * 12 months = $600 P = $500 i = (600 / 500) -1 i = 1.2 - 1 = 0.2 = 20% The simple interest rate is 20%.
What are Dow and the S and P 500?
Dow is the Dow Jones Industrial Average. It's a stock market index.S and P 500 is Standard and Poor 500. It's afree-float capitalization-weighted index published since 1957 of the prices of 500 large-cap common stocks actively traded in the United States.
In the math links 7 textbook what are all the answers for rounding digits and high-tech crime?
ero9959034054053=p-34p-3-505]-5034=5op3p43=5p5=34p534p5p5=34=p035=p3=p=p=35p
How much would 500 invested at 8 percent interest compounded monthly be worth after 4 years?
$614.70 (assuming that the last cent is rounded up.)
How many 50 p are there in five pounds?
Five Pounds is 500 Pence. 500 divided by 50 = 10 There are ten 50 Pence coins in Five Pounds.
