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Future value of 2000 in 5 years at interest rate of 5 percent?
Compounded annually: 2552.56 Compounded monthly: 2566.72
What is the effective annual rate of 8 percent interest that is compounded monthly?
0.67 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.
How much interest would be paid on 11000.00 at 6 percent per month?
11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.
In how many years your amount will be double if rate of interest is 10 percent annually in compound interest?
Approximately 7 years. The general rule is to divide 70 by the interest rate to get an approximation of how long it will take to double. If the interest is compounded annual you will have $194.88 after 7 years, and $214.37 after 8 years. Though if interest is compounded more regularly (ie. monthly or daily) this will grow at a slightly faster rate.
What is the monthly interest rate of and annual 10 percent rate?
It is 0.833... recurring % if the interest is simple, or compounded annually. If compounded monthly, it is approx 0.797 %
What is the monthly interest rate if the annual interest rate is 18 percent?
1.5% monthly
Future value of 2000 in 5 years at interest rate of 5 percent?
Compounded annually: 2552.56 Compounded monthly: 2566.72
150 if invested for three years at a 9 percent interest rate?
$194.25 if interest is compounded annually. A little more if compounded quarterly, monthly, or daily.
What is the monthly interest rate on 18 percent annual rate?
1.5% monthly
What is the nominal rate of interest per annum compounded monthly equvalent to effective interest rate of 12.60 percent per annum?
0.9938% per month, when compounded is equivalent to 12.6% annually.
What is monthly interest if balance is 20500 at interest rate of 6.5 percent?
Assuming 6.5% refers to the annual interest rate, the monthly interest is 111.04 approx.
What is the monthly interest on 20000000 if the interest rate is 5 percent?
90,000
What is the monthly interest rate if the annual interest rate on a credit card is 21 percent?
1.75%
If Camon has a 21 percent annual interest rate what is his monthly interest rate?
1 3/4%
What is the interest rate of 13.75 percent compounded monthly is equivalent to a daily compounded interest rate?
14.651
Monthly interest rate is 1.6 percent what is the APR?
19.2
