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Earn +20 ptsQ: What would 5 percent interest on 20.000 over 5 years?
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What is 20000 in 30 years with 7 percent interest compounded semiannually?
It is 20000*(1.07)^60 = 1158928.54
A bank lent 20000 with interest calculated at 5 percent per year for 2 years How much would the borrower repay?
20,000 + 2(0.05)(20,000) = 22,000
20000 with 6.5 percent for 5 years?
6.000
How To calculate the interest to be deducted from the loan of 20000 which is to be paid within 2years at the rate of 10?
If the rate is 10% interest on a $20,000 loan for two years, interest will be $4,428.06 if compounded continuously. If compounded annually, it would be $4,200.
How much will a car be worth after 5 years if you buy it for 20000 and the value decreases by 10 percent year?
20000 - 20000(.10)(5) = $10000 **That is assuming there was no real damage done!
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