Wiki User
∙ 2015-04-11 18:20:463000*(7/100)*(6/12) = 105 dollars
Wiki User
∙ 2015-04-18 10:45:15vf131
anwer is A
Ethel Hauck
1200
14
???????? I'm the best Justin
If every six months the capital earn 10% interest which is compounded, at the end of 5 years, the interest will be 31875. If the annual interest rate is 10%, it makes no difference how often it is compounded. The six monthly interest rate is adjusted - to 4.88% rather than 5% - so that the total interest for a year is 10%.
3 months
1200
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
7% of 3,000 for 6 month
763.89
$60.00
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.
Semiannually over two years is equivalent to 4 periods. If the interest is 12% every 6 months, then the amount of interest is It is 8000*[(1.12)4 -1] =4588.15
Take the annual interest rate, divide it by 2 and multiply it by the amount you invested or borrowed.
of course it is 290 dollars
200
14
15,000*0.0425*5/12 = 265.625 unless it is compounded on a daily basis.