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Earn +20 ptsQ: How do you calculate accrued interest at 10 percent per annum?
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What is the simple interest on 642 for 7 years at 11 percent per annum?
$494.34 Interest= principal amount * time* simple interest %
What is the present worth of Rupees.132 due in 2 years at 5 percent simple interest per annum?
120
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.
What is 7 percent per annum on 164300?
11501 per annum.
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.
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