75
The annual interest is 150 Add this to your originial investment and you have 1,150
Interest = (Principal x Time X Rate)/100 so in this case interest = (1000 x 3 x 9)/100 = 2700/100 = 27
The "13 percent rate" is the equivalent annual rate. So the interest will be 130.
It depends on how often the interest is calculated but if the AER (Annual Equivalent Rate) is 7.5%, you will pay 1000*(1.075)3 - 1000 = 1242.30 - 1000 = 242.30 in interest. This assumes that none of the capital is paid back.
60,000
62
The annual interest is 150 Add this to your originial investment and you have 1,150
8
Interest = (Principal x Time X Rate)/100 so in this case interest = (1000 x 3 x 9)/100 = 2700/100 = 27
8.5
$1480.24
The "13 percent rate" is the equivalent annual rate. So the interest will be 130.
1050*5/100
It depends on how often the interest is calculated but if the AER (Annual Equivalent Rate) is 7.5%, you will pay 1000*(1.075)3 - 1000 = 1242.30 - 1000 = 242.30 in interest. This assumes that none of the capital is paid back.
>I=Prt > 300=1000(0.03)t > t=10 Time duration will be 10 years.
He will get 128.95 interest after tax.
$6.66