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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


How much interest would you make a month on 133 million pounds?

The amount of interest earned in a month on £133 million depends on the interest rate. For example, if the annual interest rate is 2%, the monthly interest would be approximately £221,667. However, with a higher rate, such as 5%, the monthly interest would be around £554,167. Always check with a financial institution for precise calculations based on current rates.


How much interest will you earn in one month on 600000?

To calculate the interest earned in one month on $600,000, you need to know the annual interest rate. For example, if the rate is 5%, the monthly interest would be calculated as follows: $600,000 × (5% / 12) = $2,500. Therefore, at a 5% annual interest rate, you would earn $2,500 in one month. Adjust the calculation based on the actual interest rate you have.


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


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

5 percent


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

5% ($72.50) per year.


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

226.45