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How much more would it cost to borrow 4000 euro for six years at 8 percent than to borrow the same amount for four years at 5 percent?
Wiki User
∙ 11y ago
4000 for 4 yearsat 5%compounded = 4000*(1.05)4= 4862.03
So it would cost 1485.47 Euro more.
4000 for 4 yearsat 5%compounded = 4000*(1.05)4= 4862.03
So it would cost 1485.47 Euro more.
4000 for 4 yearsat 5%compounded = 4000*(1.05)4= 4862.03
So it would cost 1485.47 Euro more.
4000 for 4 yearsat 5%compounded = 4000*(1.05)4= 4862.03
So it would cost 1485.47 Euro more.
Wiki User
∙ 11y ago
Wiki User
∙ 11y ago4000 for 4 yearsat 5%compounded = 4000*(1.05)4= 4862.03
So it would cost 1485.47 Euro more.
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What is the compound amount if you borrow 5000 at 12 percent APR compunded annually for 8 years?
Your going to fail the test.
If you borrow rs 1200 on simple interest of 15 percent then the amount after 10 years will be?
For simple interest, just multiply the capital times the interest (converted to a decimal, that is, percentage / 100) times the number of years.
What is the compound amount of 8 percent for 23 years?
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What is the total amount you would pay back on a simple interest loan with a principal of 10500 at 6.3 percent for five years?
13,807.50
How many years will it take to double an amount at 3 percent interest?
33 years
Marcy is planning to borrow 12500 with a simple interest rate of 5.2 percent for 4 years How much will she pay back to the bank?
15100
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35 x 6 x 10 ie 2100
Kevin wants to know how much simple interest he would make in five years on the amount of 250.25 at 5.4 percent interest?
67.57
How much is 5 years auto loan at 0.9 percent interest?
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He would make 250*(5.4/100)*5 = 67.57
Find the final amount for the investment 750 at 10 percent interest compounded quarterly for 10 years?
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