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What is compound interest on 15000 at 6 percent compounded annually for 2 years?
1257
What would 5 per cent interest be on 15000 for 6 years?
It depends on how often it is compounded. I'll figure monthly for you. If you invested 15000 for 6 years, at the end of 6 years it would be worth $20235.27
How many years would it take for money to triple in value at 20 percent per year simple interest?
10 years. Compound interest would take 7 years.
How much would 2000 become in 10 years at 5 percent interest?
If it is not compounded the interest would be 2000x10x.05=1000 If it is compounded then it is different.
Invest 10000 at 5 percent annual interest how much would you have in 3 years?
You will have $11576.25
What is compound interest on 15000 at 6 percent compounded annually for 2 years?
1257
What would 2 percent be on 15000 for 5 years?
2 percent of 15,000 for 5 years
How much interest pay on a 15000 loan for 5 years at 7 percent?
5 yrs @ 7% = 35% in total. 35% of 15000 = 35 x 150 = 5250
What would 5 per cent interest be on 15000 for 6 years?
It depends on how often it is compounded. I'll figure monthly for you. If you invested 15000 for 6 years, at the end of 6 years it would be worth $20235.27
What is 15000 compounded annually at 4 percent for 15 years?
Rounded to the nearest cent, $15000 x 1.0415 = $27014.15
How many years would it take for money to triple in value at 20 percent per year simple interest?
10 years. Compound interest would take 7 years.
How much would 2000 become in 10 years at 5 percent interest?
If it is not compounded the interest would be 2000x10x.05=1000 If it is compounded then it is different.
Invest 10000 at 5 percent annual interest how much would you have in 3 years?
You will have $11576.25
Ryan wants to place 700 into a savings account for five years He wants to deposit 400 at 4.0 percent interest and the rest in another account at 6.5 percent interest What would his amount of interest?
177.50
How many years would it take to double 100 if it earned 7.75 percent interest per year?
10 years
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
How many years in investing would it take to double your principle?
If the interest rate was eight percent, it would take about 9 years to double your principle.
