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This was answered by a 6th grader.
Example-
Principal - 100
Intrest Rate - 5%
Time in years - 3
100 x .05 = 5
5 x 3 = 15
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∙ 14y ago
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400 per year for 10 years at 10 percent?
200 invested at 10 % intrest compounded couniusliy be worth after 10 years
Which of these government securities pay a fixed rate of intrest every six months until they mature in two to ten years?
Treasury Notes
What is commercial arithmetic?
boyh of his children should get an equalamount when theyare 20years old.howmuch he should devide the money if it is to be deposited in a bank giving 9% compound intrest per annum
What is the highest possible CD interest rate?
This will depend greatly on how long of a CD you are looking to invest in. The longer the investment the higher the intrest rate. These rates are something that would change on a daily basis.
What is the rule for a 360 degree rotation?
Very simple. Do nothing!Very simple. Do nothing!Very simple. Do nothing!Very simple. Do nothing!
How do you solve simple interest?
simple intrest=ptr/100: simple intrest=ptr/100:
What is the difference between simple and compound interest?
Simple intrest is one you are making on the principle. Compound Intrest is one your are making on principle plus intrest you have earned on it. So basically you are making Intrest on the Intrest you have earned on your principle. For Example: Compound Intrest, You have $5000.00 invested in a CD, First month you have earned $100.00 on that CD in intrest, in following month you will earn more because you are getting paid intrest on your $100.00 you have earned in intrest in first month and it goes on like that. in simple intrest you won't make intrest on intrest you have earned, you will only earn it on actuall $5000.00.
What kind of interest a person can have?
We have two kinds of intrest 1- Simple intrest 2- Compond inrest
The amount paid or earned for the use of money?
simple intrest
What is a intrest?
an intrest is a group of people you like and hang out.
if i have a loan at simple intrest of 16.99% and i wanted to pay off the loan in cash today would i still have to pay 11,000 or would a large amount of the intrest fall off just like a mortgage. citi finance tells me intrest payoff and cash payoff equa?
This link shows all shelter in Texas. http://www.homelessshelterdirectory.org/texas.html
What are McCain's-interests?
His intrest is becoming president His intrest is becoming president
What are special-intrest groups?
special intrest groups are groups in the government
What are special intrest groups?
special intrest groups are groups in the government
If you invested 300 at 4 intrest for 3 years how much simple intrest will you earn?
Simply multiply the capital, the number of years, and the interest rate. Note: Presumably, the interest rate is a percentage, so you can express it as 0.04 or as 4/100.
What did Babe Ruth give?
He gave entertainment, hope, intrest in baseball, and intrest in his personal life
Why did the Tories flee the US?
The Tories fled the US during the American Revolutionary War because they were loyal to the British crown and were at risk of persecution or harm by the American patriots who were fighting for independence. Many Tories left the US and went back to Britain or other British territories.
