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What is the simple interest the rate if the interest is 1210 the principle is 15000 and the time is 11 months?
The formula for interest is I = rtP. Then r = I/tP, where t = 11/12. This calculates to a simple interest rate of 8.8 percent.
Which interest rate is cheaper 3.13 percent or 2.75 percent?
2.75 percent
What is your monthly interest rate at 9.75 percent on 365.00?
Assuming that the interest rate is 9.75% per year, the answer will depend on how often the interest is compounded.
Calculate the daily interest rate on an annual rate of 17.7 percent?
0.04849%
What is the continuous compounding rate equivalent to an effective interest rate of 18 percent?
2
What is the interest rate on the discover card for students?
The Discover Student More card offers and introductory 0 percent interest rate for up to 6 months. After that, the interest rate is variable at 13 percent on up to 20 percent for purchases.
870 deposited at an interest rate of 6 percent for 9 months is?
1168.21
What does 2 percent monthly interest translate to in annual interest?
Multiply the monthly interest rate by the number of months is a year to calculate the annual interest rate: 2% x 12mo = 24%
How long will a 9000 investment take to earn 180 interest at an annual interest rate of 8 percent?
3 months
What is the simple interest the rate if the interest is 1210 the principle is 15000 and the time is 11 months?
The formula for interest is I = rtP. Then r = I/tP, where t = 11/12. This calculates to a simple interest rate of 8.8 percent.
How much money will a 1000.00 CD earn at an interest rate of 0.25 percent in 6 months?
$1.25
Eight hundred dollars is borrowed at an interest rate of 1.5 percent per month Find the interest paid over a period of 5 months?
$60.00
How do you find interest rate?
To find interest rate you multiply the price by the time by the percent
What is the monthly interest rate if the annual interest rate is 18 percent?
1.5% monthly
What is monthly interest rate if annual interest rate earned is 5 percent?
1/12th of 5% because there are 12 months in a year. ANSWER:- 1/60th per cent, which is the same as 0.01667 of the amount invested.
What was the interest rate in 1968?
As of today, there was no one set interest rate in 1968. On a CD, the interest rate averaged between 5.53 percent and 6.39 percent in 1968. The 2013 rates on CDs are only 1.0 - 1.5 percent.
What is the interest rate in the UK?
According to "The Telegraph," the UK interest rate is currently at 0.5 percent. "The Telegraph is also predicting that the interest rate will remain at 0.5 percent for the next 4 years.
