0
Alfred wants to invest 4000 at 6 percent simple interest rate for 5 years How much interest will he receive?
he will receive $1,200
ANSWER:Yes $1,200 is the correct answer but the logic behind it is that, it is using simple interest term means here 6 is representing interest for a year, Inorder to calculate the whole interest we will multiply 6 by 5 years we will get 30%.
The total interest he will get $4,000 x 30% = $1,200.
What else can I help you with?
Alfred wants to invest 4000 dollars at 6 percent simple interest rate for 5 years How much interest will he receive?
The answer choices for this question were not provided. You would first have to multiply the interest rate of 6 percent times 4000 which equals 240. Then you would multiply the 240 times 5 which equals 1200. An easier way is to multiply 4000 by 6 percent by 5.
Invest 10000 at 5 percent annual interest how much would you have in 3 years?
You will have $11576.25
What amount is profited after one year if you invest 1000 per year at 6 percent interest?
6.85
Interest rate is 9 percent and doubling time is 8 years If you invest 5000.00 what will it grow to in 24 years?
Interest rate is 9 % and doubling time is 8 years. If you invest $5,000.00, what will it grow to in 24 years?
Suppose you invest 1600 at an annual interest rate of 5.5 percent compounded continuously How much will you have in the account after 25 years?
balls
Alfred wants to invest 4000 at 6 percent simple interest for 5 years how much interest will he receive?
6% of $4,000 = $240 .If it's paid 5 times, he receives (240 x 5) = $1,200 .
Alfred wants to invest 4000 dollars at 6 percent simple interest rate for 5 years How much interest will he receive?
The answer choices for this question were not provided. You would first have to multiply the interest rate of 6 percent times 4000 which equals 240. Then you would multiply the 240 times 5 which equals 1200. An easier way is to multiply 4000 by 6 percent by 5.
Alfred wants to invest 4000 at 6 percent simple interest rate for 5 yrs how much interest will he received?
1200 rate*money invested*interest(divided by a 100) 5*4000*.06=1200
Alfred wants to invest 4000 at 6 percent simple interst rate for 5years how much interst will he receive?
40 x 6 x 5 ie 1200
What if your aunt is planning to invest in a bank CD that will pay 8.00 percent interest semi-annually. If she has 13000 to invest how much will she have at the end of four years?
Your aunt is planning to invest in a bank CD that will pay 8.00 percent interest semi-annually. If she has $13,000 to invest, how much will she have at the end of four years?
What is the percent to invest 1 million dollars to gain seventy thousand dollars in interest per year?
Seven percent.
How much money is ten percent interest?
It's 1/10th of the amount you put in. The more you deposit or invest, the more interest you get.
Invest 10000 at 5 percent annual interest how much would you have in 3 years?
You will have $11576.25
How much would you have to invest today to receive 12000 in 6 years at 12 percent?
6084
Absa rates money market?
It is the interest that you receive or make monthly / per year, out of the money that you have invest.
What amount is profited after one year if you invest 1000 per year at 6 percent interest?
6.85
If you invest 6000 dollars today ata nine percent interest rate what is the amount of interest after thirty years?
The total interest would be 73606.07 dollars, approx.
