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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 much interest is earned for the investment 20000 for 2 years at 5 compounded annually?
To calculate the interest earned on an investment of $20,000 compounded annually at a rate of 5% for 2 years, you can use the formula for compound interest: ( A = P(1 + r)^n ), where ( A ) is the amount of money accumulated after n years, ( P ) is the principal amount, ( r ) is the annual interest rate, and ( n ) is the number of years. Plugging in the values: ( A = 20000(1 + 0.05)^2 = 20000(1.1025) = 22050 ). The interest earned is ( A - P = 22050 - 20000 = 2050 ). Thus, the interest earned over 2 years is $2,050.
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.
What is 20000 in 30 years with 7 percent interest compounded semiannually?
It is 20000*(1.07)^60 = 1158928.54
What is the monthly payment on a loan of 20000 for 5 years at 5 percent interest?
5 percent
How much interest is earned for the investment for 20000 for 2 years at 6 percent compounded annually?
Total value = 20000*(1.06)2 = 22472 So interest = 2472
If you invested 20000 dollars for five years at 3 point 05 percent interest then how much would you make the first year?
700
What is 20000 in 5 years with 7 percent interest compounded semiannually?
After 5 years, 20000 at 7% per annum compounded semiannually will be 20000*(1 + 0.5*7/100)2*5 = 20000*(1.035)10 = 28211.98
How much interest will 20000 earn in two years if invested at 6 percent compounded semiannually?
$5,249.54
What is 20000 in 20 years with 7 percent interest compounded annually?
It is approx 77393.69 units of currency.
You want to buy a car and a local bank lend you 20000 the loan will be fully amoritized over 5 years and the nominal interest rate would be 12 percent with interest paid monthly what would be the mont?
$444.75
If you deposit 20000 in a savings account at 9.1 percent interest per year how much will you have in 17 years?
50,940 dollars
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
You want to buy a car and a local bank will lend you 20000 the loan would be fully amoritized over 5 years and the nominal interest rate would be 12 percent?
What is your question? Makes no sense.
20000 with 6.5 percent for 5 years?
6.000
