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What is the interest on 6282 earning 9 percent for 9 months?
You want to calculate the interest on $6282 at 9% interest per month after 9 months. The formula we'll use for this is the simple interest formula, or: I = P * r * t Where: P is the principal amount, $6282.00. r is the interest rate, 9% per month, or in decimal form, 9/100=0.09. t is the time involved, 9 months time periods. So, t is 9 month time periods. To find the simple interest, we multiply 6282 × 0.09 × 9 to get that: The interest is: $5088.42 Usually now, the interest is added onto the principal to figure some new amount after 9 months, or 6282.00 + 5088.42 = 11370.42. For example: If you borrowed the $6282.00, you would now owe $11370.42 If you loaned someone $6282.00, you would now be due $11370.42 If owned something, like a $6282.00 bond, it would be worth $11370.42 now.
What is the simple interest of 1500.00 for 4 months at 6.75 percent annual interest?
Oh, dude, you're hitting me with some math now? Alright, let me break it down for you. The simple interest formula is just Principal x Rate x Time. So for your case, it's 1500 x 0.0675 x (4/12) to convert months to years. Crunch those numbers, and you'll get the simple interest. Easy peasy, right?
What is compound interest semiannually?
Interest is compounded semiannually if the interest is calculated every six months and added to the capital.
What is the interest on 4000 at 3.5 percent annual interest for 1 year 6 months?
200
What percentage is 9 months of q year and how?
76
