Simple interest = 1000 * 5/100 * 3 = 150
4 time periods (eg 4 years if the 5% simple interest were added each year). In simple interest, the interest is added, but attracts no interest itself (that is compound interest) - only the original value attracts the interest: 5% of RM 25000 = RM 1250 added each time RM 30000 - RM 25000 = RM 5000 RM 5000 ÷ RM 1250 = 4 time periods
Depends on how often and when the interest will be paid. typicalle once a year at the end of the year. In that case 5000 * (1.05^3) = 5788.12
5% of 5000 dollars= 5% * 5000= 0.05 * 5000= 250 dollars
350*0.025*5 = 43.75
250.00.
Simple interest = 1000 * 5/100 * 3 = 150
4 time periods (eg 4 years if the 5% simple interest were added each year). In simple interest, the interest is added, but attracts no interest itself (that is compound interest) - only the original value attracts the interest: 5% of RM 25000 = RM 1250 added each time RM 30000 - RM 25000 = RM 5000 RM 5000 ÷ RM 1250 = 4 time periods
19035 by simple interest
$2,500 is your answer
Depends on how often and when the interest will be paid. typicalle once a year at the end of the year. In that case 5000 * (1.05^3) = 5788.12
The interest is 5 X 0.09 X 14500 = 6525.
The simple interest on a loan of 5 700 at 5.3 percent for 4.5 years is 1359.45.
Draw a flow chart to calculate simple interest with 10% rate if time is greater than 2 yrs otherwise calculate simple interest with 5%.
Simple interest = 700*5/100*2 = 70Simple interest = 700*5/100*2 = 70Simple interest = 700*5/100*2 = 70Simple interest = 700*5/100*2 = 70
0.1% of 5000 = 5
5 percent of five thousand pounds = £2505% of £5000= 5% * £5000= 0.05 * £5000= £250