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What is the difference in the total amount of interest earned on a 1000 investment after 5 years with compounding interest quarterly versus compounding interest monthly in Activity 10.5?

The difference in the total amount of interest earned on a 1000 investment after 5 years with quarterly compounding interest versus monthly compounding interest in Activity 10.5 is due to the frequency of compounding. Quarterly compounding results in interest being calculated and added to the principal 4 times a year, while monthly compounding does so 12 times a year. This difference in compounding frequency affects the total interest earned over the 5-year period.


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 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 is the monthly interest on 20000000 if the interest rate is 5 percent?

90,000


What is monthly interest payment on a 10000 loan for 5 years at 14 interest?

$10,000 X 14% (interest) : $1,400 p.a. X 5 yrs: $7,000 over the 5yr (60 months) period. The monthly interest payment will be $116.67


What is monthly interest payment on a 10000 loan for 5 years at 9.5 percent interest?

79.17


What is monthly interest payment on a 12000 loan for 5 years at 9.5 percent interest?

95


How much interest will be earned on 1250 at a 5 percent interest annually?

5% ($72.50) per year.


What is the monthly payment on a loan of 20000 for 5 years at 5 percent interest?

5 percent


What is monthly payment on 12000 loan at 5 percent interest over 5 years?

226.45


What is the rate on an investment that tripples 2435 in 5 years. Assume interest is compounded monthly?

It doesn't matter how much the original investment is. If it triples in 5 yearswith monthly compounding, then the interest rate is 22.175% (rounded)


How much would 200000 invested at 5 percent interest compounded monthly be?

If the 5% is yearly, and it is compounded monthly, that means that the monthly interest rate is 5/12 percent. In this case, the base factor, in the formula for compound interest, is 1 + 5/1200. After one year (12 monthly periods), the capital would be 200000 x (1 + 5/1200)12. If you want to invest the money for two years (24 months), replace the exponent 12 by 24, etc.