200
You could probably do this easier but this is how I would do it. .05*4000 = 200+4000 = 4200*.05 = 210+4200 = 4410*.05 = 220.5+4410 = 4630.5 So you will end up with $4,630.50 your welcome
20, assuming annual compound interest, 24 if simple interest.
The answer choices for this question were not provided. You would first have to multiply the interest rate of 6 percent times 4000 which equals 240. Then you would multiply the 240 times 5 which equals 1200. An easier way is to multiply 4000 by 6 percent by 5.
215
2,400
find the interest on $4000 at 3.5% annual interest for 1 year 6 months
4000 + 600(15%) = 4600
You could probably do this easier but this is how I would do it. .05*4000 = 200+4000 = 4200*.05 = 210+4200 = 4410*.05 = 220.5+4410 = 4630.5 So you will end up with $4,630.50 your welcome
an investmntment of 4000 is made at an annual simple interest rate of 8%. How much additional money must be invested at 12% so that the total interest earned is 1640?
20, assuming annual compound interest, 24 if simple interest.
in one year a sum of 4000 will earn rs 400 as interest at 10 percent pa
The interest will be 8973.59 approx.
3.25%
The answer choices for this question were not provided. You would first have to multiply the interest rate of 6 percent times 4000 which equals 240. Then you would multiply the 240 times 5 which equals 1200. An easier way is to multiply 4000 by 6 percent by 5.
3
1200 rate*money invested*interest(divided by a 100) 5*4000*.06=1200
1333.67 pounds in interest if you also repay the capital with a constant monthly repayment of 111.12pounds, if you repay only interest you pay 2384 pounds over the 4 years.