answersLogoWhite

0


Best Answer

It depends whether the interest is compound or not. However, if the interest is credited at the end of the first year, you would have 166250 interest at 9.5%

User Avatar

Wiki User

โˆ™ 2010-12-08 09:41:54
This answer is:
User Avatar
Study guides

Algebra

20 cards

A polynomial of degree zero is a constant term

The grouping method of factoring can still be used when only some of the terms share a common factor A True B False

The sum or difference of p and q is the of the x-term in the trinomial

A number a power of a variable or a product of the two is a monomial while a polynomial is the of monomials

โžก๏ธ
See all cards
3.79
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
1504 Reviews

Add your answer:

Earn +20 pts
Q: What is the interest on a 1750000 deposit at 9.5 percent rate a year?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How can find interest percent in Rs100000?

First find out what the interest rate is from the money lender or deposit taker.


How much will you get in a year if you deposit 100 dollars with at a 6 percent interest rate?

6 dollars.


Interest rate on recurring deposit in Indian overseas bank?

interest rate of recurring deposit in iob


How much will 1 deposit be worth after 36 years if the interest rate by the bank is 8 percent?

about $16


What does an interest rate of 9.45 percent mean?

For every 100 squarzels you deposit, at the end of a year you get 9 squarzels and 45 ktuglas added to your deposit.


How much will a dollar deposit be worth after 48 years if the interest rate paid by the bank is 6 percent?

>about $15 <


How much will a 1 deposit be worth after 24 years if the interest rate paid by the bank is 7 percent?

about $5


How much will a 1 deposit be worth after 36 years if the interest rate paid by the bank is 8 percent?

bout $16


How much a 1 deposit be worth after 36 years if the interest rate paid by the bank is 8 percent?

15.97 approx.


What is compounding rate?

Compounding rate is the interest rate at which the rate grow faster than the simple interest on deposit or loan made. It is also said "interest on interest".


How do I get the best high certificate of deposit interest rates?

You will recieve a higher rate of interest as your deposit amount increases.


How do you calculate fixed deposit interest?

Fixed deposit interest is calculated using the simple interest concept Interest = (principal * no. of years * rate of interest) / 100 principal = the amount you deposited rate of interest = the amount in % Ex: Deposit amount - 10,000 Rate of interest = 10% no of days = 365 Interest = (10000 * 365 * 10) / (365*100) = 1000

People also asked