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Earn +20 ptsQ: What is the interest on 8800 6 percent per annum?
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What is 9 percent per annum on 30000?
If it is simple interest, then it is 2700. ■
What is the nominal rate of interest per annum compounded monthly equvalent to effective interest rate of 12.60 percent per annum?
0.9938% per month, when compounded is equivalent to 12.6% annually.
How much time will it take for an amount of rs450 to yield rs81 as interest at 4.5 percent per annum of simple interest?
5 years
Calculate the sum to which 6000 will amount in 5years at 12 percent per annum compound interest?
5,132.33^10
How much interest a month on 300000 at 1 percent?
It would come out to about $250 a month at 1% per annum.
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