The monthly interest is 100.
An average of 321.56
You will have $11576.25
simple interest .. A = P(1+r)t 10000 = P(1.05)5 P = 10000 / (1.05)5 P = 7835.26
To calculate the interest gained on something, a simple formula is used. Initial value x (percentage increase as a decimal)^years So: 10000 x 1.05^15 = 20789.28 (2d.p).
1250/12.5 = 10000 Therefore, 1250 is 10000 percent of 12.5.
79.17
An average of 321.56
$10,000 X 14% (interest) : $1,400 p.a. X 5 yrs: $7,000 over the 5yr (60 months) period. The monthly interest payment will be $116.67
debit cash 9000debit tax 1000credit interest income 10000
Total = 10000(1+i)n Total = 10000(1.2321)2 Total = 12321 Change = interest gained = 12321 - 10000 = 2321
$5.77
It is 300.
Hey bro if you invest 1000 dollars in my Company I can get you somewhere between 8500 to 10000 dollars back within 12 hours.
600.00$
Deposit 4776.06 The frequency of compounding does not matter since the annual interest rate is given.
Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.Value = 10000*[1 + 21/(100*12)]^(20*12)= 643073.03 approx.
Assuming that the loan principal is paid off in equal installments AND the monthly payment is to be kept the same, the average simple interest paid per month for the loan may be computed as follows: $10,000 principal balance at time 0 months $0 principal balance at time 36 months ($10,000 + $0) / 2 = $5,000 average balance $5,000 is average balance throughout the period of the loan $5,000 x 5% per month = approximately $250 per month. However, the amount of REAL interest is different throughout the life of the loan.