0
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 else can I help you with?
What is the interest on 4000 at 3.5 percent annual interest for 1 year 6 months?
200
How do you find simple interest for 6 months?
Take the annual interest rate, divide it by 2 and multiply it by the amount you invested or borrowed.
What is the interest rate of 7 percent within a 6 months time?
42
What initial value sums 808 at 2 percent annual rate in 6 months?
800
What is the percentage of interest when the principal is 3500.00 the term is 3 months and the interest paid is 525.00?
.05% or 1/20th of a percent
What is the interest on 4000 at 3.5 percent annual interest for 1 year 6 months?
200
What does 2 percent monthly interest translate to in annual interest?
Multiply the monthly interest rate by the number of months is a year to calculate the annual interest rate: 2% x 12mo = 24%
How long will a 9000 investment take to earn 180 interest at an annual interest rate of 8 percent?
3 months
Calculate the simple interest on a loan of 18500 at 11 percent annual interest for 18 months?
18 months is 1.5 years, so you'll pay (1.5 x 11) = 16.5 percent of the principle at the end of that time. 16.5 % of 18,500 = (0.165 x 18,500) = $3,052.50
How much monthly interest would you make from 50000 at 3 percent interest?
To calculate the monthly interest from an investment of $50,000 at a 3% annual interest rate, you first divide the annual rate by 12 months. This gives you a monthly interest rate of 0.25% (3% ÷ 12). Multiplying this monthly rate by the principal amount ($50,000) results in a monthly interest of $125.
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 theSimple interst for 20000 20 percent for 6 months?
20% is the annual rate of interest. 10% will be paid after 1/2 year = 6 months 10% of 20,000 = 0.1 x 20,000 = $2,000
3804 at 6.1 annual interest for 4 months?
232.04 = one year 77.35 = 4 months
What does quarterly mean in compounded interest?
It means that the interest is paid out every three months (quarter year). That means that the interest paid out after 3 months is earning interest for the remaining nine months. The quarterly interest rate is such that this compounding is taken into account for the "headline" annual rate. As a result, if the quarterly interest is taken out, then the total interest earned in a year will be slightly less than the quoted annual rate.
How many months would it take to save 10300 at 4.2 percent compounded monthly with 110 monthly deposits?
Assuming the annual equivalent interest rate is 4.2%, it will take just over 81 months = 6 years + 9 months.
How many months will Rita pay in simple annual interest on a credit card that charges on her balance?
14 months
If you borrow 1000 at 7.5 percent interest for 12 months ch interest will you pay?
14
