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Earn +20 ptsQ: What is the simple interest of 3000 dollars invested at 7 percent for six months?
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How much interest will 10000 earn in 18 months if invested at 8 percent compounded semiannually?
1200
How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
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 .
If 3000 is invested at 7 percent for 6 months how much simple interest is earned?
7% of 3,000 for 6 month
If you were to borrow twenty-five thousand dollars at a 10 percent interest for 36 months what would be your monthly payment?
763.89
Eight hundred dollars is borrowed at an interest rate of 1.5 percent per month Find the interest paid over a period of 5 months?
$60.00
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.
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 278 dollars at 5 percent for 9 months?
of course it is 290 dollars
What would be the amount of compound interest on 8000 invested for two years at 12 percent compounded semiannually?
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
If you borrow 1000 at 7.5 percent interest for 12 months ch interest will you pay?
14
What is the interest on 4000 at 3.5 percent annual interest for 1 year 6 months?
200
What is 6 percent of 500 dollars over 12 months?
6% of 500 dollars is 30 dollars - whether it is over 12 months or a micro-second.
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