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What is the simple interest of 3000 dollars invested at 7 percent for six months?
Wiki User
∙ 2015-04-11 18:20:46
3000*(7/100)*(6/12) = 105 dollars
Wiki User
∙ 2015-04-18 10:45:15
vf131
anwer is A
Ethel Hauck
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How much interest will 10000 earn in 18 months if invested at 8 percent compounded semiannually?
1200
If you borrow 1000 at 7.5 percent interest for 12 months ch interest will you pay?
14
How do you calculate the interest rate for an amortazion if you have the total ammount invested the time period and the interest ammount 20683.00 6 months 863.00 int?
???????? I'm the best Justin
How much will 20k earn in 5 yrs if invested at 10 percent compounded semiannually?
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%.
How long will a 9000 investment take to earn 180 interest at an annual interest rate of 8 percent?
3 months
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.
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
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 is the interest on 4000 at 3.5 percent annual interest for 1 year 6 months?
200
If you borrow 1000 at 7.5 percent interest for 12 months ch interest will you pay?
14
What is the total for 4.25 percent interest on fifteen thousand dollars over 5 months?
15,000*0.0425*5/12 = 265.625 unless it is compounded on a daily basis.
