Q: What is the interest on a 1750000 deposit at 9.5 percent rate a year?

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bout $16

8 years.

404.95

The 12 percent nominal interest means that your money will increase in value by 12% in a year's time in NOMINAL terms.However, the inflation rate of 13 percent says that the cost of goods will increase faster than the value of your deposit.Hence the REAL effect is that the value of your money will fall by 1 percent.

2.75 percent

Related questions

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

6 dollars.

interest rate of recurring deposit in iob

about $16

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

about $5

>about $15 <

bout $16

15.97 approx.

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

8 years.

It is 80 currency units.