answersLogoWhite

0


Best Answer

It is 6655.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the payback on 5000 with 10 percent interest for 3 years?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

5000 at 6 percent for 4 years?

Simple interest: 5000 + I = PTR/100 = 5000 + 5000 x 4 x 6/100 = 6200 Compound interest: = 5000 x 1.064 = 6312.38


What cost per month for 5000 at 2.9 percent interest for 2 years?

$214.68


What interest rate will cause 5000 to grow to 5618.00 in two years?

six percent


5000 at 5 percent compound interest 3 years?

Depends on how often and when the interest will be paid. typicalle once a year at the end of the year. In that case 5000 * (1.05^3) = 5788.12


How much will you have in 10 years if you deposit 5000 today and earn 8 percent annual interest?

10795


What is the amount of interest that is paid on a loan when the principal is 5000 the interest rate is 7 percent per year and the time is 2 years?

Simple interest I=Prt = (5000)(0.07)(2) = $700.Compound interest: A=P(1+r)t = 5000(1.07)2 = 5000(1.1449) = $5,724.50;I=A-P = 5,724.50 - 5000 = $724.50


What would be the simple interest if the compound interest on the same sum for 2 years at 4 percent be Rs 408?

Interest = Rs 408 so capital = 5000. So the simple interest would be 5000*4/100*2 = Rs 400.


What is 5 percent interest on 5000 dollars?

250.00.


What is the simple interest on a loan of 5000 over 6 years at 10 percent?

6 yrs @ 10% = 60% = 3000


Simple interest of 5000 at 5 percent?

250 pa


Calculate the amount of interest that is paid on a loan when the principal is 5.000 the interest rate is 7 percent and the time is 2 years?

50 x 7 x 2 ie 700 Simple Interest; 5000 x (1.07)2 - 5000 ie 724.50 Compound Interest


What is the journal entry of interest on capital of Rs 50000 10 percent?

[Debit] Interest on Capital 5000 [Credit]Cash/Bank 5000