300.00
54
60,000
£43.25 on top of the £300
5000 x 0.06 = 300 300 x 10 = 3000
It earns 431.0125 . After 4 years, it has grown to 2,431.01 .
You would earn 1750.
In simple interest, 50,000 would earn 1,500 in one year.
21.28
21.28
5 million
At an interest rate of 5 percent, $200 would earn $10 in one year.
54
60,000
$450.
£43.25 on top of the £300
With compounded interest, it would be 100*(1 + 11/100)10 = 283.94
It would be $50,000 if it is computed once a year.