An incredible 42.4%
You will have $11576.25
8500 x ((1.065) to the 10th power) = 15955.67
balls
$280.51
It is 3884.97 dollars.
4
$16 million, million dollars. The question is how much is the annual interest payment on that every year?
The simple interest formula is ( I = P \times r \times t ), where ( I ) is the interest, ( P ) is the principal amount (900 dollars), ( r ) is the annual interest rate (15% or 0.15), and ( t ) is the time in years (1 year and 8 months equals 1.67 years). Calculating the interest: ( I = 900 \times 0.15 \times 1.67 \approx 225.15 ). Therefore, the total amount to repay is ( 900 + 225.15 \approx 1125.15 ) dollars.
To find this figure you will have to multiply the interest rate to the initial $1000, and get the total. For each subsequent year, you will need to add the interest accrued from the year before and then multiply that total by the interest rate again. After 7 years, there would be $1445.06 in the account.
You will have $11576.25
To calculate daily interest on a billion dollars, you need the annual interest rate. For example, at a 5% annual interest rate, the daily interest would be approximately $137,000, calculated as follows: $1,000,000,000 x (5% / 365). This means the actual daily interest varies based on the interest rate applied.
10795
How much interest is generated from the amount of: 10,000,000,000.
bruh why did it mess up the letters
You would need 9687 dollars.
That depends on the interest rate; this has been varying widely in recent years. Multiply the capital (the 50 million dollars) by the yearly interest rate; divide the result by 365 to get the daily interest.
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?