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What is the nominal rate of interest per annum compounded monthly equvalent to effective interest rate of 12.60 percent per annum?
0.9938% per month, when compounded is equivalent to 12.6% annually.
Find the rate percent per annum when the principal of Rs7000 earns a SIof Rs1680 in 16 months?
To find the rate percent per annum, we can use the formula for simple interest (SI): SI = (Principal × Rate × Time) / 100. Here, SI is Rs1680, Principal is Rs7000, and Time is 16 months (or 16/12 years = 4/3 years). Rearranging the formula to find Rate, we get Rate = (SI × 100) / (Principal × Time). Plugging in the values, Rate = (1680 × 100) / (7000 × 4/3) = 18%. Thus, the rate percent per annum is 18%.
How do YOU calculate interest on working capital at the rate of 12 percent per annum?
(Amount of working capital/100)*12
Determine the per annum interest rate r required for an investment with continuous compound interest to yield an effective rate of 4.25 percent Express your answer as a percent?
We still need to know how often the interest is compounded ... Weekly ? Daily ? Hourly ? What does "continuous" mean ?
What is the simple interest to repay a loan in 3 years at the rate of 9 percent?
You already gave the simple interest - 9 percent. Rethink and ask your question again.
What is interest of rs 200000 at the rate of 11.5 percent per annum for 3 years?
Assuming simple interest, you multiply the capital times the interest rate times the number of years.
In how may years a sum of money at the rate of 10 percent simple interest per annum will triple itself?
30 years
What is pcpa as interest rate?
P.C.P.A. stands for Percent Compounded Per Annum.
What is the nominal rate of interest per annum compounded monthly equvalent to effective interest rate of 12.60 percent per annum?
0.9938% per month, when compounded is equivalent to 12.6% annually.
What would the cost be for a interest rate of 9 percent annum on 13500.00?
multiply 13500 by .09
What is the simple interest on a loan of 8000 pounds over seven years at eleven percent pa?
To calculate simple interest, use the formula: Interest = Principal × Rate × Time. For a loan of 8000 pounds at an interest rate of 11% per annum over seven years, the interest would be: 8000 × 0.11 × 7 = 6176 pounds. Therefore, the simple interest on the loan is 6176 pounds.
Find the rate percent per annum when the principal of Rs7000 earns a SIof Rs1680 in 16 months?
To find the rate percent per annum, we can use the formula for simple interest (SI): SI = (Principal × Rate × Time) / 100. Here, SI is Rs1680, Principal is Rs7000, and Time is 16 months (or 16/12 years = 4/3 years). Rearranging the formula to find Rate, we get Rate = (SI × 100) / (Principal × Time). Plugging in the values, Rate = (1680 × 100) / (7000 × 4/3) = 18%. Thus, the rate percent per annum is 18%.
How do YOU calculate interest on working capital at the rate of 12 percent per annum?
(Amount of working capital/100)*12
How many times will the sum gets multiplied in 10 years at 20 percent per annum simple rate of interest?
To calculate the total amount after 10 years at a simple interest rate of 20% per annum, you need to consider that the interest is added to the principal each year. The sum will be multiplied by 1.2 (100% + 20%) each year for 10 years. Therefore, the sum will be multiplied 10 times over the course of 10 years.
Determine the per annum interest rate r required for an investment with continuous compound interest to yield an effective rate of 4.25 percent Express your answer as a percent?
We still need to know how often the interest is compounded ... Weekly ? Daily ? Hourly ? What does "continuous" mean ?
What is a fixed percent of a principle?
It is a fixed rate of simple interest.
Daily interest rate on annual rate of 17.7 percent?
If the interest is simple exact interest, the answer is 17.7/365 = 0.0485 daily percent interest, to the justified number of significant digits.
