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How much interest would you receive for 2000 at 1 percent interest rate for 1 year?
Wiki User
∙ 11y ago
1 percent of 2,000 is 20 .
Wiki User
∙ 11y ago
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How much would 2000 become in 10 years at 5 percent interest?
If it is not compounded the interest would be 2000x10x.05=1000 If it is compounded then it is different.
What is the amount of the simple interest on a 2000 loan at 6 percent interest for 2 years?
It is 240 currency units.
How much interest will 2000 earn at 5 percent over four years compounded yearly?
It earns 431.0125 . After 4 years, it has grown to 2,431.01 .
What is the simple interest for 1 year on a loan of 2000 at 9 percent interest?
9% means 9/100 = 0.09 0.09 * $2000.00 = $180.00 in simple interest for one year =============================
How many years would it take for 1000 to become 2000 with an interest rate of 7.2?
about how many years would it take for $1000 to become $2000 with an interest rate of 7.2
How much would 2000 become in 10 years at 5 percent interest?
If it is not compounded the interest would be 2000x10x.05=1000 If it is compounded then it is different.
What is 5 percent interest of 40000 dollars?
2000
How much interest would you gain from 2000 dollars at 6 percent for five years?
Assuming simple interest, just multiply 2000 dollars x (6/100) x 5. For compound interest, the formula is a bit more complicated. You would get some more interest in the case of compound interest.
Which loan would cost the borrower less money 2000 at 8 for 3 years or 2000 at 9.5 percent for 2 years How much interest would the borrower save by taking the cheaper loan?
8 percent of 2000 is 160 x 3 = 480 9.5 percent of 2000 is 190 x 2 = 380 100 hundred dollars cheaper.
Lateisha would like to know how much money she will earn if the interest is compounded monthly for a period of two months on a savings account that pays 6 percent interest on 2000?
20.05
What is the amount of the simple interest on a 2000 loan at 6 percent interest for 2 years?
It is 240 currency units.
Would you rather receive a 1000 today or 2000 in 10 years with a discount rate of 8 percent?
1000 today since I am not sure I will be alive in 10 years to collect the 2000.
How much does 2000 earn in 6months at an annual interest rate of 4 percent?
40
How much interest will 2000 earn at 5 percent over four years compounded yearly?
It earns 431.0125 . After 4 years, it has grown to 2,431.01 .
What is 60 percent of 2000 dollars?
60 percent of 2000 dollars would be 1200 dollars. 2000*.60= 1200
Find the simple interest earned after 5 years on an investment of 2000 at 3.2 percent?
320
How much interest if you borrow 2000 at a rate of 6 percent for 2 years?
if its simple interest: I = prt = 240 the total money to be returned is 2240
