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Find the simple interest earned after 5 years on an investment of 2000 at 3.2 percent?
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∙ 12y ago
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∙ 12y ago
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How much interest is earned on the account?
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?
A loan at 6 percent interest over 5 years What is the total output?
If the interest is simple interest, then the value at the end of 5 years is 1.3 times the initial investment. If the interest is compounded annually, then the value at the end of 5 years is 1.3382 times the initial investment. If the interest is compounded monthly, then the value at the end of 5 years is 1.3489 times the initial investment.
When an investment pays only simple interest it means?
the interest rate is lower than on comparable investments
Daily interest rate on annual rate of 17.7 percent?
If the interest is simple exact interest, the answer is 17.7/365 = 0.0485 daily percent interest, to the justified number of significant digits.
If you invest 70000 at 12 return what is it worth in 15 years?
The answer depends on how the interest is compounded - but in simple interest compounded annually on $70,000 at 12 percent, the total value would be $383,150. The first year the investment would earn $8,400 ($70,000 x .12), and the "principle balance" would increase to $78,400. The second year interest would be earned on $78,400 ($70,000 + $8,400 earned in year one), which would be $9,408 ($78,400 x .12), making the new principle balance $87,808. Interest in the fifteenth year would be $41,052 paid on a principle balance of $342,098, for a total of $383,150.
How much interest will be earned on an investment of 8000 at 10 percent simple interest for 3 years?
$2400
What is the simple interest earned on an investment of 350 at 2.5 percent for 5 years?
350*0.025*5 = 43.75
How much interest is earned on the account?
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?
How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?
3000
How do you figure out this math problem?
What is the amout of interest that will be earned on an investment of $8000 at 10% simple interest for 3 years
If the principal is 350 and the interest rate is 3 percent what is the simple interest earned in one year simple interest P and times r and times t?
I
Suppose that you plan on investing into an account paying simple interest The formula for simple interest is I equals Prt where I is the interest earned on a investment of P dollars at the given rate?
No. I is as described for the stated period.
How many simple interest will be earned on 320 saved for four years at twelve percent and a half interest?
It will be 160.
What is the simple interest expressions?
The amount of interest earned on an investment of C, for y years at r per cent is C*y*r/100.
After 2 years Deion earned 270 in simple interest from a CD into which he initially deposited 6000. What is the annual interest rate of the CD?
2.25 percent apex
How much interest is earned in 9 months on a deposit of 7000 at 8 percent simple interest?
70 x 8 x 3/4 ie 420
How much simple interest is earned on a deposit of 800 at a annual rate of 5 percent after two years?
It is 80 currency units.
