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What is the simple interest the rate if the interest is 1210 the principle is 15000 and the time is 11 months?
The formula for interest is I = rtP. Then r = I/tP, where t = 11/12. This calculates to a simple interest rate of 8.8 percent.
What is the interest that a 510 deposit will earn in 3 months at 4.25 percent simple interest rounded to the nearest cent?
(5.1 x 4.25)/4 = 5.42
What is the working and answer for finding the simple interest of 16000 30 months and 5 percent?
"5 percent" means 5 percent per year.30 months = 2.5 years.2.5 times 5 percent = 12.5 percent = 0.1250.125 x 16,000 = 2,000
If 3000 is invested at 7 percent for 6 months how much simple interest is earned?
7% of 3,000 for 6 month
What is the interest on 600 at 12 percent for 2 years?
Simple interest: 144Compound interest: 152.64
Interest on five thousand at 6 percent for eleven how much is there?
Eleven..? months? years?. Simple or compound interest?
How much interest would you earn in six months on an account that pays 6.5 percent simple interest on 654.89?
21.28
How much interest would you earn in 6 months on an account that pays 6.5 percent simple interest on 654.89?
21.28
What is the simple interest the rate if the interest is 1210 the principle is 15000 and the time is 11 months?
The formula for interest is I = rtP. Then r = I/tP, where t = 11/12. This calculates to a simple interest rate of 8.8 percent.
What is the interest that a 510 deposit will earn in 3 months at 4.25 percent simple interest rounded to the nearest cent?
(5.1 x 4.25)/4 = 5.42
What do you get if You deposit 750.00 in an account that earns 5 percent simple interest How much interest will your money earn in 6 months?
Two and a half percent of 750 ie 2.5 x 7.5 which is 18.75
What is the working and answer for finding the simple interest of 16000 30 months and 5 percent?
"5 percent" means 5 percent per year.30 months = 2.5 years.2.5 times 5 percent = 12.5 percent = 0.1250.125 x 16,000 = 2,000
How much interest is earned in 9 months on a deposit of 7000 at 8 percent simple interest?
70 x 8 x 3/4 ie 420
You deposit 750.00 in an account that earns 5 percent simple interest How much interest will your money earn in 6 months?
7.5 x 2.5 ie 18.75
If 3000 is invested at 7 percent for 6 months how much simple interest is earned?
7% of 3,000 for 6 month
Calculate the simple interest on a loan of 18500 at 11 percent annual interest for 18 months?
18 months is 1.5 years, so you'll pay (1.5 x 11) = 16.5 percent of the principle at the end of that time. 16.5 % of 18,500 = (0.165 x 18,500) = $3,052.50
What is the interest on 3000 at 12 percent?
Simple interest would be 360
