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I'll do it both ways since you do not specify whether it is simple of compound interest. FV = P + PRT
10000 = P + P(.03)(20)
10000 = P(1 + 0.60)
10000 = 1.6P
6250 = P
Check
6250 * .03 * 20 = 3750 + 6250 = 10000 ◄
FV = P + P(1+R)T
10000 = P + P(1.03)20
10000 = P + P(1.80611)
10000 = 2.80611*P
3563.65 = P
Check
3563.25 + 3563.25(1.03)20
3563.25 + 3563.25*1.80611
3563.25 + 6436.35
9999.70 (Rounding error) ◄
What else can I help you with?
What is 30 percent of 10000 dollars?
3000
What is future value of 10000 with 5 percent interest for 15 years?
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).
What is 10 percent of 10000 dollars?
Ten percent of 10,000 dollars is 1,000 dollars. This is calculated by multiplying 10,000 by 0.10 (which represents 10 percent). Therefore, 10 percent of 10,000 dollars equals 1,000 dollars.
What is monthly interest payment on a 10000 loan for 5 years at 12 percent interest?
The monthly interest is 100.
What is monthly interest on 10000 at 5 percent over 3 years?
An average of 321.56
What is the future value of 10000 dollars with 5 percent interest in 20 years?
V = 10000*(1.05)20 = 26532.98 dollars
What is the future value of 10000 dollars with 3.78 percent interest in 2 years?
In two years, the value of 10,000 dollars with 3.78 interest would be 10,770.29 dollars. An increase 770.29 dollars would be realized.
What is the future value of 10000 dollars with 5 percent interest in 7 years?
The future value (FV) of $10,000 at 5% interest for 7 years follows the following formula: 10,000 (1+.05)^7 = 10,000 * 1.41 = $14,100
What is the future value for 10000 invested for 5 years with an annual interest rate of 8 percent?
$14,693.28
What is 70 percent of 10000 dollars?
10000*70/100 = 7000 dollars.
What is today's value of 1948 10000?
The value today, of 10,000 dollars from 1948 will be about 99,500 dollars. This is estimated at an interest rate of three and a half percent.
What is 16 percent of TEN-THOUSAND DOLLARS?
16% of 10000 = 10000*16/100 = 1600 dollars
What is 30 percent of 10000 dollars?
3000
What is 15 percent of 10000 dollars?
$1500
What is the future value of 10000 for an interest rate of 16 percent and 1 annual period of compounding?
With only one year the value is 11600
What is 40 percent of 10000 dollars?
40% = 40/100 = 0.4now 40 percent of 10000 is 0.4x10000 = 4000dollars
What is 5.0 percent of 10000 dollars?
5% of $10,000.00 = 5% * 10000 = 0.05 * 10000 = $500.00
