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5000 at 6 percent for 4 years?

Simple interest: 5000 + I = PTR/100 = 5000 + 5000 x 4 x 6/100 = 6200 Compound interest: = 5000 x 1.064 = 6312.38


What is the amount of interest that is paid on a loan when the principal is 5000 the interest rate is 7 per year and the time is 2 years?

Simple interest I=Prt = (5000)(0.07)(2) = $700.Compound interest: A=P(1+r)t = 5000(1.07)2 = 5000(1.1449) = $5,724.50;I=A-P = 5,724.50 - 5000 = $724.50


What is the amount of interest that is paid on a loan when the principal is 5000 the interest rate is 7 percent per year and the time is 2 years?

Simple interest I=Prt = (5000)(0.07)(2) = $700.Compound interest: A=P(1+r)t = 5000(1.07)2 = 5000(1.1449) = $5,724.50;I=A-P = 5,724.50 - 5000 = $724.50


What is the payback on 5000 with 10 percent interest for 3 years?

It is 6655.


How much to invest to make five thousand dollar in twelve years?

It depends on the rate of interest. Right now (early 2014), a fairly typical rate of interest on a 5 year CD would be around 2% APR. At that interest rate you'd need to invest almost $4000 in order to have $5000 in twelve years. If by "make $5000" you meant "have $5000 more than I had to start with" rather than "have $5000 total", you'd need to invest $18640 today for your interest over twelve years to amount to $5000.


5000 at 5 percent compound interest 3 years?

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


How many years will it take 50 to reach 5000 at a rate of 5 percent?

If you are talking money and interest, then if the interest is simple interest then 5000 = 50 x N x 0.05, hence N = 5000/25 = 200 years If the interest is compounded then 50x(1.05)^N = 5000 Hence (1,05)^N = 100 N x log(1.05) = log(100) ...........(log is to base 10) N = 100/log(1.05) N = 2/0.02118 N = 94.42 years approximately


What cost per month for 5000 at 2.9 percent interest for 2 years?

$214.68


What would be the simple interest if the compound interest on the same sum for 2 years at 4 percent be Rs 408?

Interest = Rs 408 so capital = 5000. So the simple interest would be 5000*4/100*2 = Rs 400.


Calculate the amount of interest that is paid on a loan when the principal is 5.000 the interest rate is 7 percent and the time is 2 years?

50 x 7 x 2 ie 700 Simple Interest; 5000 x (1.07)2 - 5000 ie 724.50 Compound Interest


Troy and his wife Angela put 5000.00 of their savings into a bank account earning 7.25 percent interest How much will Trey and Angela have in all after 3 years?

Amount Deposited = 5000 Rate of Interest = 7.25 Years = 3 Interest earned = 5000 * 7.25 * 3 / 100 = 1087.50 They will have 6087.50 at the end of 3 years (Under the assumption that no compounding was involved)


What is the monthly payment for the simple interest amortized loan of 5000 at 4.5 for 4 years?

To calculate the monthly payment for a simple interest amortized loan of $5,000 at an interest rate of 4.5% over 4 years, first determine the total interest: ( \text{Interest} = 5000 \times 0.045 \times 4 = 900 ). The total amount to be repaid is ( 5000 + 900 = 5900 ). Dividing this total by the number of months (48 months for 4 years) gives a monthly payment of ( \frac{5900}{48} \approx 122.92 ). Thus, the monthly payment is approximately $122.92.